Wolfe Waves

[Gandhar.]

Is this a Wolfe Wave on BPCL Daily chart?

nope it is not a ww

 

[VJAY]

Is this a Wolfe Wave on BPCL Daily chart?

No...........

 

[bapu4]

Hello frndz !!

Posting the daily charts of gail and mcdowell spot !!

Plz confirm if those are wolve waves !!

god bless !

 

[Gandhar.]

@ bapu4
1.gail's point 3 is wrong it should be bottom of tails of candle if we try to connect that then it dosent become a ww
2.mcdowell-n hasn't formed point 5 but has setup of ww if it goes down be aware that it also has formed a h&s so take care while taking trades if price comes to that level

 

[bapu4]

@ bapu4
1.gail's point 3 is wrong it should be bottom of tails of candle if we try to connect that then it dosent become a ww
2.mcdowell-n hasn't formed point 5 but has setup of ww if it goes down be aware that it also has formed a h&s so take care while taking trades if price comes to that level

That was a really lightning reply speed !!
Oh yes Gandhar !! That's true !! We also need to be carefull about H&S !!

I am highly thankful to u as u not only told me that it is a WW or not but also explained me that why it is a WW and what discards it from being a WW !!

This helped me learn a new aspect of WW !!

This is the correct way to reply which also lets the person understand his mistakes !!

By the way , i have become a 'werewolf' !! haha !!

I am always in search of WWs !!
Thanx !!
God bless !!

 

[timepass]

SBIN (spot) daily - looks like a WW to me. EPA - around 1630, EPA - 5-6 sessions.

 

[Gandhar.]

SBIN (spot) daily - looks like a WW to me. EPA - around 1630, EPA - 5-6 sessions.

may be expiry bonanza??

 

[timepass]

may be expiry bonanza??

Maybe.. Let's see.

Can someone check if Bank nifty too is showing a WW ?? I am not sure that's why not posting the chart.

 

[bapu4]

TP And Gandhar sir ,
If you elaborate lill mare like if you give point nos I also can understand it better.
Thna

 

[Gandhar.]

TP And Gandhar sir ,
If you elaborate lill mare like if you give point nos I also can understand it better.
Thna

tp and other members are sir i am not sir

@ tp sir can we take low of 11-9 as pt4
then it increases tgt
so there are 2 possible ww if i am not wrong

ding dong
tp or ne1 can u confirm if above is correct?