#Best Wolfe Wave Strategy #Best Wolfe Wave Strategy – Alpha Wolf Trading
The best wolfe wave strategy is a trading strategy with high a profit loss ratio above 90% and it’s based on wolfe waves. The wolf waves have been introduced by veteran trader and market wizard Linda Raschke.
The wolf wave is a naturally occurring trading pattern that can develop across all financial instruments. This chart pattern is made of five alternating waves the same as the Elliott Waves and supposedly it highlights the supply and demand imbalances in the market and possible equilibrium price points.
EXIDEIND trade ideas
EXIDEIND Tingling near previous gap down area can trigger a sellEXIDEIND hourly is showing a failure to close the 217-220 gap create earlier. Lingering near the gap and failing to cross above can create a panic for bulls here. Micro structure shows a inter trendline break showing a chance of sell-off here.
EnTry: Cmp 211 or retest of 215 SL
SL: 223 (closing basis on hourly timeframe)
Target: 203/192 and rest ride the trend
Exide Industries: At make or break zoneExide Industries
CMP 201
The zone of 196-205 is a crucial zone for Exide Industries....
The chart reflects and highlights the fact that This has been the zone where Major Buy / Sell decisions have been made so far...
It acted as a resistance in early 2015 and then again in 2016...
The zone has provided support for 4-5 months on a trot in late 2017...
Can it hold once again...???
Are the Bulls strong enough to withstand the onslaught...???
Or will the bears have their say this time around...
Do not rush to enter a trade. Keep calm and Wait for the opportune moment...
Levels have been mentioned in the chart.
Take care & safe trading...!!!
EXIDE Breakout can it do the big bang move ?Exide ind Had a Weekly BO last week with a good close outside the flag.
Now the best strategy to play here in this counter is wait for the dips and add.
My possible buy points here is 215 and 208.
SL will be 198
Target 250 and TSL.
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