Showing posts with label rising-wedge- forex. Show all posts
Showing posts with label rising-wedge- forex. Show all posts

FALLING AND RISING WEDGE

FALLING AND RISING WEDGE

 

 FALLING AND RISING WEDGE
WWW.FURTHERGROW.IN

 

The wedge pattern is a commonly found pattern in the price charts of financially traded assets  like stocks, bonds, futures, etc.. The pattern is characterized by a contracting range in prices coupled with an upward trend in prices known as a rising wedge or a downward trend in prices known as a falling wedge.


RISING WEDGE

 

 FALLING AND RISING WEDGE
WWW.FURTHERGROW.IN

 

THE rising wedge is a chart pattern which is formed in the uptrend of stocks When this pattern is found in an uptrend, it is considered a reversal pattern, as the contraction of the range indicates that the uptrend is losing strength. When this pattern is found in a downtrend, it is considered a bearish pattern, as the
market range becomes narrower into the correction, indicating that the correction is losing strength, and that the resumption of the downtrend is in the making.

 FALLING WEDGE

 FALLING AND RISING WEDGE
WWW.FURTHERGROW.IN

THE falling wedge is a chart pattern which is formed in the downtrend of stocks
When this pattern is found in a downward trend, it is considered a reversal pattern, as the contraction of the range indicates the downtrend is losing steam. When this pattern is found in an uptrend, it is considered a bullish pattern, as the market range becomes narrower into the correction, indicating that the downward trend is losing strength and the resumption of the uptrend is in the making.


 FALLING AND RISING WEDGE
WWW.FURTHERGROW.IN

when this type of chart pattern formed in any assets like stocks,bonds etc learn one thing in mind wait for the confirmation and always enter in a breakout zone see in a chart where to enter in a trade.if you enter in a early stage then you face loss and always use stop-loss for safe your capital.because without money management trading is very risky.


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