Nice 400 pips on EURGBP - TRADING WITH WEIS WAVE WITH SPEED INDEX

Nice 400 pips on EURGBP - TRADING WITH WEIS WAVE WITH SPEED INDEX

25 November 2019, 17:09
Trade The Volume Waves Single Member P.C.
2
99

Setup Daily Chart chart

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

1. First significant volume down wave, then very small volume up wave with a High Speed Index of 146

2. Second  significant volume down wave.

3. Retracing back to previous support which also happens to be a Fib Area - but with a huge Speed Index of 202.6 which means there sellers everywhere (nothing like that on the up moves).

.... and down we go fast 400 pips.

Conclusion - Learn to read your charts they speak to you. Enjoy!!




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