HDIL: Channel embedding a Wolfe Wave embedding an ABCD

This is a very interesting chart of HDIL, in 15 minutes time frame:

Channel:

• Follow the Aqua coloured (almost) parallel lines are forming a channel
  
• Draining volumes during this period show consolidation and support the channel
  

Bearish Wolfe Wave:

• Follow the 1-2-3-4-5 marked in Aqua background, forming a Wolfe Wave
  
• Good symetry is displayed
  
• Supportive volumes at point 5

Bearish ABCD:

• Follow the A-B-C-D marked in Yellow background, forming ABCD
  
• Fib ratios are acceptable, avoided on the chart for clarity
  
• Lookout for a bearish signal at the D point. If not, WW above can be treated as a bearish signal for ABCD entry

Conclusion:
All in all, a nice chart with 3 patterns compressed into a single time frame. Because of the Bearish Wolfe Wave and Bearish ABCD, I will be very cautious to enter longs on channel break out. Will go short on an entry signal, possibly during 1st 30 mins of trading day tomorrow. Will try to update entry and stops when I take the trade tomorrow morning, watch out this space.