Wolfe Wave

[VJAY]

LT completed point 5.
now seems to be right time to short..

Ohh my chart looks deferent...there is no WW
Lines not converging......

 

[Tharu]

I was suggested to post this here for clarification.. Is ICICI bank weekly chart by anyway forming Wolfe wave..?? I have no idea abt it..

 

[timepass]

ICICI Bank weekly (originally posted by Tharu) : Is it a bearish Wolfe Wave ? The volume confirmation at point 5 is indeterminate.

 

[prst]

ICICI Bank weekly (originally posted by Tharu) : Is it a bearish Wolfe Wave ? The volume confirmation at point 5 is indeterminate.

just to add my 2 cents, have a look at the daily charts.

currently its at a crucial support trend line. Once it breaks them, we can think of a short.

 

[timepass]

Yeah. and there is a good example of a bullish 1-2-3 also.

 

[praveen taneja]

Bhai log aap logon mein se koi bhi commodity mein WW ya MM nahin dekhta ??????????????

 

[prst]

Bhai log aap logon mein se koi bhi commodity mein WW ya MM nahin dekhta ??????????????

kyon nahi bhai, koi dikhayega to hum zaroor dekhenge lol

 

[Raju]

Is this wolf appropriate ?

Thanks,
Raju

 

[timepass]

Very interesting, Raju. Even I would like comments from the others on this one. I can't make it out. But here's the chart with volumes.

 

[prst]

Is this wolf appropriate ?

Thanks,
Raju

seems to be good.
I would prefer to enter once it touches back the 135 line.