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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)
Our Story:
1. Hit Resistance several times
2. Very High SI of 23.4 on the last up wave - nothing like that on the up moves on the entire chart
3. High Volume up wave but pip move not the expected for that volume (effort vs. result)
So I have placed my short orders without waiting to break Support - let's take some risk.
to be continued.....
Update: 10/5/2020 10:00 Greek Time
Forecast correct - 33 pips after the Break then hit the Fib Area with also happens to be the Monthly Pivot
On order closed and the 2nd one still running.