KISS like McGrath

[Ajax]

Dear dsanjyot

Thanx for ur interest...

GE ship.. my take... There is no wolfe formation.. instead its a
channeled/flag move.. It did attempt to breakout in last few days
but came down along with global sentiments..
Yesterday's move has brought it below its longterm trendline (white).
If it does not get above white trend line quickly then I am afraid it will loose
its bullishness. Keep 320 as stop loss. It may continue to drift along
the channel formed.....

Take care
Ajax

 

[Ajax]

Hi all

BRFL is in firm uptrend (daily, weekly charts).
Even in global meltdown it has remained rock steady.


BOMBAY RAYON FASIONS (BRFL) exhibits IDEAL GARTLEY PATTERN

Decent upsides from here on... SL 174

regards

Ajax

 

[robin_malihan]

this is my favorite thread, thanks to u ajax.............

i have not started trading yet but i know these wolf and other pattern will help me alot...........once again thank you very much

 

[robin_malihan]

Bearish head and sholder patterns in pantaloons and reliance capital.........

waiting for your comments

 

[Ajax]

Dear robin

Bearish head and sholder patterns in pantaloons and reliance capital.........

waiting for your comments

Thanks for ur appreciation...

I have redrawn Relcap H&S have a relook...
Pantaloon doesn't look like H&S.. see chart....

Ajax

 

[kindman]

No One Is Pasting New Wolfs ...

Me Waiting

 

[dsanjyot]

DEAR WOLF Hunters,

Pls check the images attached. DOW / S&P / NASDAQ all are in their last leg of BEARISH WOLF wave cycles.

AJAX / WINSTONN all experts pls let me know if it is correct?

Sanjyot

 

[dsanjyot]

Nasdaq Wolf

 

[hiteshdaga]

I Dont See Any Wolf !

 

[winstonn]

Hi,

Dow and SP does not show wolfe wave formation.
However, dow shows H&S, if the head & shoulder fails in application i.e. if breaked in upward direction.....the upward movement would continue very strongly.

secondly, Nasdaq shows a failure WW pattern. First it setsup the bearish ww, than gives whipsaw and than the movement continues downward.However, this could be noted as failed WW pattern.

Take care,
Winston