GBPAUD This is why it Broke Support -TRADING WITH WEIS WAVE WITH SPEED INDEX

GBPAUD This is why it Broke Support -TRADING WITH WEIS WAVE WITH SPEED INDEX

9 January 2020, 11:49
Trade The Volume Waves Single Member P.C.
0
94

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!