KISS like McGrath

[winstonn]

HI Ajax,
Just two doubts.
1. Why didn't you count low of the first candle in your chart as point no. 1? Should not point no. 1 be the lowest point of the swing where point no. 2 was formed?

2. If the first candle in the chart is counted as point no. 1, is there a valid wolfe wave?
Regards
R. S. Iyer

Hi RSI,

i fully agree with you, i think our buddy has wrongly identified wolfe wave.

~Winston

 

[Ajax]

Hi guys

Ignored Ist minute activiy due to initial market noise. Rest of the pattern
appeared like Wolfe. Have to make decisions in minute chart. Took position at point 5. Later stopped out with small loss. Rest of the day was not helpfull either.
Moral" Draw ur waves correctly. Need more experience with Wolfe
Dont forget stops ( That's what saves the day)

Regards
Ajax

 

[winstonn]

Hi guys!

see the chart of Sterlite Ind, Bearish wolfe wave,

short entry, stop and target explained.

So, it's party time for Bears party is on 60min, 20 days time frame!

Enjoy,

~Winston

 

[winstonn]

Hi Guy's,

watch out GAIL , L$T , Tatat Power for big upside blast! within 4-5 days.

~Winston

 

[Ajax]

Winstonn bhai

L&T & Tata Power to samajh aya... cup & handle formation
GAIL ka pattern nahin samajh aya

Do u have inside info or what

regards

Ajax

 

[opensky]

sir kindly mention the time frame of charts

thanks

 

[Ajax]

Hi all

Stock to watch ..... G T L

weekly chart
Broken out from smaller triangular (green) consolidation
Broken out from larger (blue ) triangle decisively

G T L should go places.. as indicated

Some one can do fundamental check too

regards

Ajax

 

[opensky]

sterling biotech has closed around 164 just came out of consolidation target seems to be 178 in 2 days n yes a stop of just 160-161 . lets see what happens???

hope 178 by tommorow

 

[Ajax]

Hi all

Bearish wolfe on Praj hourly


Ajax

 

[opensky]

members,

is there any gartley pattern in 30 min chart of mahendra gesco and if there is one what's the target of such pattern . is it 705 ????