UsdChf Weekly - Update. image

A new look at Wolf Waves

GBPCAD Daily. Don't like the double bottom at point 3 but maybe worth keeping an eye on. image

A new look at Wolf Waves

EurGbp Daily. This pattern looks far from prefect and may not be a Wolfe Wave at all. However there may potential for a pullback here. image image

A new look at Wolf Waves

USDCAD H4 image

A new look at Wolf Waves

Gold M5 image

A new look at Wolf Waves

Ok Umpats, that is much clearer and I can see where you are going wrong. If the wedge that you identify is sloping upwards then Point 1 must be at the upper TL. If it is sloping downwards then point 1 should be at the lower TL. Also in a rising ...

A new look at Wolf Waves

Hello Umpats, As profitkeeper has already said it is quite difficult to make the patterns out on your charts. It would be easier if you strip away your indicators and post the patterns with the 3 lines highlighting the pattern. That way it would be ...

A new look at Wolf Waves

I also already made that observation. We did draw our lines differently but it is not that my lines were too elongated and Shemski's were more strictly drawn. Mine were drawn in a manner that fitted the candle formation in to a diamond as per ...

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I think our charts are actually very similar. You have just drawn your lines differently to me.

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I was very curious as to why you recommended standard candles to me.lol

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Ive cheched the chart with 3 different brokers that I use and mine all look the same. All decent enough brokers too.

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They look nothing like HA candles. But just goes to show how we can see completely different things.

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No wonder you didnt like my last diamond top.

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Now I'm confused. I'm not using HA candles. I'm using regular Japanese Candle Sticks. Yours just seem more squashed than mine. Must be a difference in broker data feed?

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Now I'm not saying that I'm trading this but what do you think of this for a Diamond Top? Does it measure up in your book Shemski? image

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USDCHF Daily. image

A new look at Wolf Waves

US Oil H4 image

A new look at Wolf Waves

I wish I had been looking for these patterns weeks ago. Here is US Oil Weekly. image

A new look at Wolf Waves

I think it is still fine as a diamond. Switch to D1 and it is not wide.

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Re-draw of upper right TL required. This way is more accurate aswell according to the previous touch. image

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