GBPJPY - Triple Plutus patterns 70 PIPS --TRADING WITH WEIS WAVE WITH SPEED INDEX
18 June 2020, 08:10
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Setup : 1Hour 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:
- Hit Support and started going up
- On Retracement hit the Fib and the question was "Is this Fib going to hold? and the answer was given by our famous patterns formed.
- Triple Pattern Formation: Plutus Reversal Short with SI ratio 12.7/2.9= 4.4, Plutus Short 14.2/6.4= 2.2 and last Plutus Reversal Short 16.5/7.2= 2.3
Three short patterns and down we go 70-90 pips . First order closed with 70 pips profit and second on still running (visible on chart).
This is the Magic of Speed Index! Enjoy!
