GOLD Weakness Double Plutus Reversal -TRADING WITH WEIS WAVE WITH SPEED INDEX

GOLD Weakness Double Plutus Reversal -TRADING WITH WEIS WAVE WITH SPEED INDEX

3 June 2020, 20:48
Trade The Volume Waves Single Member P.C.
0
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Setup : 4Hour Chart Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller)

Story: 

1. We have been ranging for a long time and we have been hitting that Resistance

2. First Weakness came on this volume wave without the respective pip move - Hard time to ove up

3. A nice Plutus Reversal Short with SI ratio 18.4/4.7= 3.9 - you could have entered here with stoploss above the 18.4 SI

4. Another wave with Weakness , volume without the respective move (not so visisble)

5. Finally the second Plutus Reversal Short with SI ratio 10.4/5.0=2.1

and down we go - now at Support let's see if it is going to hold


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