USDCHF Weakness is Still there -TRADING WITH WEIS WAVE WITH SPEED INDEX

Setup 4Hour 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:

1. Weakness started on that 44.6 SI

2. More weakness on that flat area since we broke down these were sellers (not visible on the waves because the wave line does not touch properly)

3. Hit the Fib Area and start retracing a bit but..

4. Look at this High SI on the way up 43.8 - Hard to move away from the Fib.

Therefore I have placed two shorts orders right on the 50 Fib , one already closed at 61.8 Fib (33pips)  and the second one still running.

This is the Magic of Speed Index.