What happens when their is falling wedge within rising wedge?
What happens when their is falling wedge within rising wedge?
Short squeeze.
On HTF Nifty is moving inside a massive rising wedge which is primarily bearish in nature in nature but while HTF gives us the idea of price movement for days in advance, we need to watch out for smaller time frames too see what can we expect in really short span of time.
On nifty charts if you go to lower time frames you will be clearly to spot a falling wedge with a breakout.
All the best for your trade and dont forget to share your opinion in the comment section
You can also find my contact details from my trading view profile for any further help.
Short squeeze.
On HTF Nifty is moving inside a massive rising wedge which is primarily bearish in nature in nature but while HTF gives us the idea of price movement for days in advance, we need to watch out for smaller time frames too see what can we expect in really short span of time.
On nifty charts if you go to lower time frames you will be clearly to spot a falling wedge with a breakout.
All the best for your trade and dont forget to share your opinion in the comment section
You can also find my contact details from my trading view profile for any further help.
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