NSE:HBLPOWER stock is currently forming a symmetrical wedge pattern following a significant rally, indicating potential consolidation before the next major price move. This pattern suggests a period of indecision in the market, with equal pressure from both buyers and sellers. A breakout above the upper trendline would signal a continuation of the previous...
NSE:INDOTECH stock has formed a symmetrical wedge pattern following a strong rally, indicating a potential continuation or reversal. Symmetrical wedges often signal consolidation before a significant price move. If the price breaks above the upper trendline, it suggests a continuation of the upward trend with a price target of 2450. Conversely, a break below the...
Currently unfolding V Wave On H4 DAX. I'll watch for end of V Wave, I would like to see divergence on RSI and 5Waves with overlap as end of impulsive wave V. If you play longs on lower TFs be carefull for overlaps and watch out for dump on the end of V. Also keep in mind Invalidation levels. More info in Chart
MMM looks to be forming a falling wedge which is a bullish pattern waiting for it to test the lower trendline before entry.
Watchin' that wedge on the dear old Solana! She be rippin' it lately, but where to enter? Path to the $217 Support/Resistance level - want to see a bounce there with volume!! Alternate reality option: See the box for sell targets if you think she's got more juice. Just watch the trendlines! Enjoy!!!