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Wolfe-wave

SAIL (PRICE TIME AND TREND ANALYSIS) SAILSAIL ! No doubt is a worst performing PSU for few trailing years.Its because of the heavy capital involved in the nature of business and of-course the government interference that has done enormous injustice to the stock. Now talking technically with a few months time view, a small bounce is expected with a peak to be created near to 17th OCT 2019 and then again a downtrend can be seen in the stock. The reasons for the stock to rebound to the level of RS 35.45 is, as it has recently touched the ARC retracement and the sweet zone reversal from the WOLFE WAVE it has created.
NSE:SAIL
by AdarshDey
1
Nifty Multi Dimensional ViewMy teacher once told me, Gap ups or down must be taken seriously. Imagine the nifty as a particle and in the price path it went missing, giving no clue how it reached there or how it was about to reach there. At that particular price levels we don’t know how many buyers-sellers and who all are stuck. May be they will not accept the loss so easily when they were not given any chance to recognize the trend early and wind up their position. They will definitely react. I see Gap ups or Downs are like Black Hole, which you use as a gateway to enter a completely new world and come back, but the particle in-order to survive or pass through must have a good velocity (NIFTY – PREFERABLY ABOVE 0.13%) at the event horizon or else it will leave the gap unfilled and retry to fill it again. We can see a gap down of almost 65 points at 11030 level and Nifty trading near to that but while approaching even the second time it lacked the velocity. Surprisingly at 10849 levels there is a gap up of 30 points creating an assuring conditional probability for Nifty to reach there before going for an upward voyage. Almost everyone is bearish on 5 to 15 Minutes Chart but believe me you need to wait till TOM 9:40 A.M before being too sure about the movement or taking position. Time retracements of the previous low to low have already indicated the reversal at 15:10 P.M (Friday). And the low to high indicates a reversal at 9:40 A.M (Monday). And if this works out right then the low is expected to be created on the next day, which would be reversal point as well. And this fall would determine when would be the next move for the upward gap. A gap down would make the assumptions more accurate. If the market open with a gap up above 10965 then the computation would be quite less as we can go for short at a first reversal sign with the high of previous candle as stop-loss. Time plots are in different colour for better understanding. Dotted lines are the predicted time for reversal of trend, where 0 & 1 is user defined and the above numbers are predicted referring a particular wave.
NSE:NIFTY
by AdarshDey
5
HDFC (WW - SPACE TIME)HDFC has been a roller coaster ride for past few months. But surprisingly a wolfe has been formed in the mean time with a target of 2236 and next or 2400 in long term. But in the short time the filling of the small gap in-between 2058 and 2071 would have indicated a healthier growth (Not necessarily because from last 8 trading sessions it has been respecting the 50% level ie.2084 ). By filling the gap it would also touch the retracement at 61.8%, again a good sign. If the low of 23rd august is broken and new low is created, then the stock has to stay in the downside for a long time even-though the market would be doing good. So most probably it will bounce back from the current level and match up with upcoming market after Chinese stimulus infusion.And focusing on the time retracement as the top has been created at exactly 2 and 5, a new peak can be expected in between the 5 and 8.
HLong
by AdarshDey
Silver : Wolfe PatternSilver looks to have formed bullish Wolfe Pattern on daily chart. Breakout has already taken place. Silver should touch $15.65 by ETA of 13th May 2019 (converging point of wedge). Wave 1 took 11 days , wave 2 took 11 days, wave 3 is much shorter and took 4 days (aberration), Wave 4 took 10 days. If we go for symmetry then we won't find as Point 1 to 3 took 22 days but point 3 to point 5 took 14 days. It is up to the analyst to consider it Wolfe or Bullish Wedge pattern. Stop loss of buy would be on close below low of Point 5 which is $ 14.70 (margin of safety).
OANDA:XAGUSDLong
by UnknownUnicorn4260559
IBULHSGFIN trade in bullish wolf-wave Wolf Wave Trading Strategy Rules: The Wolf Waves rules will help you to identify this symmetrical chart pattern. You can apply the same rules for the bullish and bearish wolf waves. Without further ado, these are the wolf wave’s characteristics: Wave 3 and Wave 4 must be contained within the channel created by Wave 1 and Wave 2. Wave 1 and 2 equals Waves 3 and 4 which should highlight a perfect symmetry. Wave 5 breaks above the trend-line created by wave 1 and wave 3. Wave 5 is also use to trigger our entry. There is regular time between all waves. What we mean by this is that the time to complete one cycle from low to low (and from high to high) is the same. So, between 1-3-5, there are equal timing intervals between wave cycles. Refer chart
ILong
by Fibonacci_Club
1
RELIANCE : WOLFE WAVE : NEXT IMP. LEVELAfter continuous 3 downside impulsive waves now the RELIANCE chart has made a Wolfe's Wave with a beautiful breakdown of bottom line. Furthermore, according to Price Action, RELIANCE has form a good reversal pattern by making a HIGHER LOW and gave a good closing near previous SWING HIGH. And if the STOCK now moves above its previous HIGH then it will enter into the channel again and according to Wolfe's Wave the Target for the Stock will be the upper Incline Line. But there is a very very important level which can show a resistance to the STOCK which I have market in CHART with RED COLOUR.
NSE:RELIANCEEducation
by nitinrajput2208
Wolfe Wave PatternRules & Structure Of Wolfe Wave Pattern To Identify Wolf Wave Patterns, Waves 3-4 must stay within the channel created by 1-2 Wave 1-2 equals waves 3-4 (shows symmetry) Wave 4 is within the channel created by waves 1-2 Wave 5 exceeds trendline created by waves 1 and 3 There Should be regular time between all waves How To Trade. Entry point When Price Close below Trendline Created by Wave 1 and 3. Stoploss would be High of Wave 5. Target will be Trendline Created by wave 1 and 4.
NSE:JUBLFOOD
by Tyrant