Photoshop water waves effect

[Rana Omar]

Hi everyone, could you please let me know how can I create a water waves effect in photoshop similar to the attached image?

[c.pfaffenbichler · Accepted solution]

I suspect the Displace-Filter with an appropriate Displacement Map might be useful to approach something like this. There are limitations, though. 

Some addidtional Adjustment Layers might also be called for.