I think the fiirst point was taken a bit higher...shouldnt it be taken from 361?
Jeevan_Shetty
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@SuhasShetty, No, point 1 and 3 and 5 should align so I have taken that swing. If you reduce the timeframe and check its a good point1
thinkersparadise
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@Jeevan_Shetty, I dont think its right my friend. We cant consider a point just to align all the other points. It should occur naturally. Otherwise it's not a wolfe wave and probably will end up being a different pattern. Anyways, I found a wolfe wave in concor in daily timeframe. The first point is for 10th sep and then 3rd point for 22nd sept and then entry point 361.5...what do you think?
Jeevan_Shetty
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@SuhasShetty, Please share your chart
lyfdekho
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thanks for the post of analysis... will watch this unfolds.