EURGBP- PLUTUS REVERSAL 45pips - TRADING WITH WEIS WAVE WITH SPEED INDEX

EURGBP- PLUTUS REVERSAL 45pips - TRADING WITH WEIS WAVE WITH SPEED INDEX

11 June 2020, 13:02
Trade The Volume Waves Single Member P.C.
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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:

  1. We have hit Support and went up
  2. Retraced to Fib Area and hit the fib several times
  3. Last before going out from that range a nice Plutus Reversal pattern with SI ratio 17.4/4.8 = 3.6

and up we go.. 45pips

More info on Plutus patterns please refer to: https://www.tradethevolumewaves.com/strategies

This is the Magic of Speed Index. Enjoy!