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The Previous Downtrend + A Rising Wedge = ?

Nifty 50指數 (NSE:NIFTY)  
GoodluckCapital  
NSE:NIFTY   Nifty 50指數
Trend Analysis Chart Patterns NIFTY nifty50 niftyanalysis niftytrend niftyoutlook niftyforecast niftyprediction nifty50pricetrendanalysis
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trendanalysis chartpattern nifty nifty50 niftyanalysis niftytrend niftyoutlook niftyforecast niftyprediction nifty50pricetrendanalysis
Nifty has done Rising Wedge formation.

Rising Wedge is a bearish continutaion pattern.

The previous Downtrend + A Rising Wedge = Possible Downside Breakout.

Caution: avoid trading until the breakout is confirmed.

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