
EURJPY - 60 Pips This is Why - TRADING WITH WEIS WAVE WITH SPEED INDEX
27 September 2019, 14:02

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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)
Nice 60 pips
Let's read the chart.
- We have 4HR resistance which also happens to be a Fib Area
- High Volume Pin Bar touching the 61.8 Fib
- Down Wave with a High Speed Index of 69.4 - nothing like that on the previous down moves, that's "Change in Behavior"