AUDCHF- High SIs at Top of Range -TRADING WITH WEIS WAVE WITH SPEED INDEX

AUDCHF- High SIs at Top of Range -TRADING WITH WEIS WAVE WITH SPEED INDEX

11 June 2020, 12:40
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:

After a large down wave we start ranging and we notice that the High SIs are the Top. So what do we do ?

Do we enter short as soon as we have seen high SIs at top? The answer is "NO" ! Why because this could also be heavy buying that will reveal itself just before the break out with a nice pattern. In this case it was a short because nothing funny on  the waves before the break thefore we enter short after the Break.



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