GBPJPY - Having trouble to break 4HR Resistance- TRADING WITH WEIS WAVE WITH SPEED INDEX

GBPJPY - Having trouble to break 4HR Resistance- TRADING WITH WEIS WAVE WITH SPEED INDEX

10 September 2019, 13:54
Trade The Volume Waves Single Member P.C.
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Setup 1HR chart 

Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller)

This is why GBPJPY most probably will start retracing:

1. Touched the 4HR resistance several times

2. High Speed Index of 37.6 on the move up - hard time to get up there.

Therefore most problably some retracement expected up to 1HR support or Fib  Area.

GBPJPY 04 before


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