
GBPAUD This is why it Broke Support -TRADING WITH WEIS WAVE WITH SPEED INDEX
9 January 2020, 11:49

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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)
First thing first, Where is the Price
1. We were uptrending on 1HR until we hit a Fib Area coming from Daily and then started ranging.
2. First Push Down - High dn volume small pip move, SI 16.3
3. Second Push Down - High dn volume small pip move and High SI 39.1
4. First - Hard Time to Move Up - Hign up volume small pip move and High SI 23.5
5. Second - Hard Time to Move Up- Hign up volume small pip move and High SI 22.9
... and down we go 50 pips move!
Watch out now because we have hit another support level.
Enjoy!