
AUDCHF WEAKNESS OVERNIGHT -TRADING WITH WEIS WAVE WITH SPEED INDEX
15 April 2020, 12:28

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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:
1. Sellers at the top
2. High SI 23.3 on the up wave (nothing like that on the entire chart) and hard to move up.
3. Buyers at Resistance
Let's see if they are going to hold - That forming up wave will tell us soon...most probably is not going to hold , looks like it is haveing trouble to move up!!
This is the Magic of Speed Index!!!
and this is what happen we broke another 25 pips and another High Speed Index 29.8