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| Discuss Wolfe Waves at the Technical Analysis within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Look at the IDBI chart ( hourly ) . I am seeing 2 patterns in ... |
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#81
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Look at the IDBI chart ( hourly ) . I am seeing 2 patterns in this .
1) Symmetric triangle break out with target 200+ 2) un confirmed Wolfwave ... Hold your breathe . Target ,if this pattern is valid wolfwave, is below 100 ![]() Enjoy . Naresh |
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#82
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Nifty is showing 2 wolfs . A bearish setup with targets 5400 and a bullish ( i couldnt draw the target) ..
What ever the setup ,Dont be long if nifty breaks the below Dotted line ( A perfect rising wedge) Naresh |
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#83
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Dear wolves
McDowell 5 min chart showing bearish wolf enjoy Ajax |
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#84
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Dear ajax,
i was very much influenced by the wolfe wave...could you take a look at this and guide me if i am wrong....does this mean the down trend(5th wave is intact) cheers qa_y2k Last edited by qa_y2k; 19th July 2008 at 11:20 AM. |
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#85
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DEAR qa
Yes. wolfe wave bearish... 4th wave in formation. Look out thread 'Senxex topping out' and look as SENSEX & NIFTY. Pattern & interpretation is similar. regards Ajax |
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#86
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appears highly useful topic. eager to study and pursue this deeper and further. thanx
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#87
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Nifty target done on 5 min charts .
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#88
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Considering the history as for May 2006, the wolf wave currently experienced, is of a similar pattern...
With that consideration, the nifty may go as deep as 4500 after a minor pull back... As we all may agree to it, that indian market always surprises the traders on either way run. |
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#89
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Quote:
u r a boon 2 traderji... cheers |
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#90
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Dear Wolves
Hope U All Have 'enjoyed' The Crash As Predicted By Bearish Wolfe. If Not, Atleast Itgave U Oppurtunity To Get Out Of The Market @ Peak Just Before Impending Doom. Dont Know Where The Bottom Is.... Now For Bullish Pattern .. See Charts One Is Bullish Wolfe Another Is Gartley Pattern Enjoy Ajax |
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