USDCAD Short Forecast-TRADING WITH WEIS WAVE WITH SPEED INDEX

USDCAD Short Forecast-TRADING WITH WEIS WAVE WITH SPEED INDEX

23 March 2020, 13:29
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) 


Our Story:

This a posssible Plutus Reversal Short pattern if the current forming bar closes below support.

We are at Fib Area.

1. Fast down wave with low SI of 4.4 

2. Slow up wave with High SI of 17.9 + volume with the relevant pips move that never broke Resistance

Current forming bar has already broken Support. If it closes below support we enter Short.

If it does not close below support and goes back into the range and this forming down wave is fast - and we break Resistance upwards  then we are talking for a Plutus Long pattern. Be patient.

to be continued...

Finnaly forecast worked out 180 pips so far, they just had to take out some stop losses, but that's they way UCAD moves. One order closed , second one still running.


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