Wolfe Wave
PIDILITE - WOLFE WAVEPidilite has bullish wolfe wave and also had AB=CD previously ,now again price at prz with wolfe wave. only concern is RSI trendline resistance, which need to be broken for upward movement, Targets on chart...
ONGC - Short TermONGC wolfe wave shows some upward movement...Can be bought at CMP for the given taregts.Targets on chart...
Marico - Wolfe wave with AB=CDMarico had flag pattern previously now on daily chart made wolfe wave with AB=CD, 2 Bearish pattern confirms weakness.Can short from CMP or can wait till PRZ to go for short. Targets on Chart.
Amarajabat - Wolfe WaveAmarajabat has bearish wolfe wave as well as rising wedge and its a very strong pattern, very few times it fails to achieve targets. Targets on chart...
GBP/USD - Aug.2.2020At the end of the 5th wave there was a false breakout of the upper trend line. The price must come back within the equidistant channel to confirm the Wolfe Wave patter. Once this happens, a short position would be a reasonable trade.
Entry : 1.3077
SL : 1.3195
TP : 1.1887
(30m) xbtusd, pingpong on sidewaywe have resistance around 11248, 11337 and 11395, these are fav for shorting on sideway mode.
But 11072 and 10963 area fav support to rebound
disclaimer:
-> this is not financial or trading advice
-> read the chart carefully and compare with other analysis
-> this analysis can 100% wrong, your action is your own risk
short once the fifth wave formedWait for the formation of the 5th wave then short
Entry : 44.15 - 44.30
SL : 44.86
TP : 41.13
(2H) XBTUSD, How to celebrate CME settlement hi, whales, do you miss some thing? let's pick it
disclaimer:
-> this is not financial or trading advice
-> read the chart carefully and compare with other analysis
-> this analysis can 100% wrong, your action is your own risk
GBPCHF : Bearish Wolfe WaveHi.
Forex CFTC COT Data :
GBP Net Position Change : + % 5.24
CHF Net Position Change : + % 15.93 (Positive )
Percent Changes :
CHF > GBP (Negative )
Open Interests' Changes :
GBP : + % 0.34
CHF : + % 31.64 (Positive)
Parameters
Position Size : %1 (0.01)
Risk/Reward Ratio : 3.00
Leverage : 50x - 100x (100x saves the stop value.)
Stop-Loss : 1.1847
Goal : 1.15691
Take Profit Point : 1.1644
NOTE : Switzerland provides all of the manipulator country conditions.
USA or China may declare Switzerland as a manipulator country in the coming days.
If this is the case, the Swiss Franc will be more negative than all currencies.
This should not be forgotten.
Regards.
INDIGO - Final Boarding CallINDIGO previously broke daily and hourly TRIANGLE . Now on daily chart AB=CD and wolfe wave can be clearly seen. Hence shorting INDIGO might not be good idea. Wolfe wave is very strong pattern and it appear with AB=CD which make it fully Bullish... Can enter at 875.30 or wait till price action reversal confirmation... PRZ and Targets or Chart...
