TATA CONSUMERS RISING WEDGE PATTERN
RISING WEDGE PATTERN
WEEKLY PATTERN
ENTRY - 690
STOPLOSS - 725
TARGET - 555
Rising Wedges are bearish pattern
Rising Wedge Patterns forms with Higher Highs and Higher Lows.
Rising Wedge pattern basically forms in two shapes -
1) If rising wedge pattern forms in an uptrend it will make reversal and
2) If rising wedge pattern forms in a downtrend it will make continuation.
The higher highs and the lower lows along makes a trend resistance and trend support. When breakout occurs downside, price breaks the trend support line
WEEKLY PATTERN
ENTRY - 690
STOPLOSS - 725
TARGET - 555
Rising Wedges are bearish pattern
Rising Wedge Patterns forms with Higher Highs and Higher Lows.
Rising Wedge pattern basically forms in two shapes -
1) If rising wedge pattern forms in an uptrend it will make reversal and
2) If rising wedge pattern forms in a downtrend it will make continuation.
The higher highs and the lower lows along makes a trend resistance and trend support. When breakout occurs downside, price breaks the trend support line
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.