#TORNTPHARM | NSE | 1H | SHORT
Updated
01) Wolfe Wave ( Bearish )
02) Price near Horizontal channel top
-------------------------------------------------------------
Note : 1) Wait for complete Wolfe wave and then find reversal point for entry.
Note : 2) This study for educational purpose only.
-------------------------------------------------------------
Your likes on my ideas motivate me.
-------------------------------------------------------------
Twitter - @bagade_arvind
02) Price near Horizontal channel top
-------------------------------------------------------------
Note : 1) Wait for complete Wolfe wave and then find reversal point for entry.
Note : 2) This study for educational purpose only.
-------------------------------------------------------------
Your likes on my ideas motivate me.
-------------------------------------------------------------
Twitter - @bagade_arvind
Trade closed: target reached
Target reached.Bonus Tip:-
Now Wolfe wave traders booking their profits and Triangle breakout traders entered in to the trade. It shows that Wolfe wave always helps to predict triangle pattern breakout directions.
Please note, Every Wolfe wave not working fine.
Example Now M_M showing bearish Wolfe wave but Auto sector looking bullish.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.