EURUSD Did you see it coming? Yes Plutus Reversal Pattern-TRADING WITH WEIS WAVE WITH SPEED INDEX
7 April 2020, 11:08
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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:
One hell of a mess with up and down waves on that range, but look at the last two waves just before the break - Classic Plutus Reversal Pattern.
1. Fast Wave - Low Speed Index of 3.0
2. Slow Wave with a High Speed Indec of 12.2 that never breaks Resistance
Therefore Classic Plutus Reversal if it breaks upwards the Fast Wave of 3.0 SI . We did break upwards , 55 pips so far.
It does not get any easier than that , enjoy the Magic of Speed Index.
