Wolfe Waves

[Raghuveer]

update: this -WW failed.
gap up+strong trend negated this 5min -WW. However failure of -WW was a good indication of the up trend being very strong. Long entry after ww failure would have given a good move.

Wait for vol confirmation when pt 5 is formed.

 

[stockstopp]

 

[a1b1trader]

Hi SS
If you also draw 2-4 line then you will find that 2-4 and 1-3-5 line are not converging but diverging.

Moreover a +ww in 5 min tf with target 5895 has already formed and info to this effect has already been posted by me in TJ. (it will materialize or not is a different issue)

 

[stockstopp]

Hi SS
If you also draw 2-4 line then you will find that 2-4 and 1-3-5 line are not converging but diverging.

Moreover a +ww in 5 min tf with target 5895 has already formed and info to this effect has already been posted by me in TJ. (it will materialize or not is a different issue)

S, U r absolutely right, high made 5877 only and low breached.

 

[a1b1trader]

hi

Sorry to say
No one looked at the -ww in hourly and other lower TFs with a target around 5750

 

[timepass]

hi

Sorry to say
No one looked at the -ww in hourly and other lower TFs with a target around 5750

Post a chart please.

 

[a1b1trader]

Post a chart please.

Sorry Timepass
I have a problem, as I am using some tools for RTData and other things and so cannot post charts during market time.
Secondly, my charts are in Desktop and that system is not working since yesterday morning.

 

[a1b1trader]

OK. Here it is.
This image is from a different source, where I posted this chart on 6.7.13

Uploaded with ImageShack.us

 

[stockstopp]

OK. Here it is.
This image is from a different source, where I posted this chart on 6.7.13

Uploaded with ImageShack.us

Last time I made ww with gap support, got little success, but this time it is giving good result, now target should be 5756, Let's see.

 

[stockstopp]