GBPCAD Obvious Plutus Reversal 75pips -TRADING WITH WEIS WAVE WITH SPEED INDEX

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: Tha's a meshy chart but an opportunity appeared this morning.

1. Obvious Plutus Reversal Pattern that never broke Resistance, these two SIs 5.6 and 23.0 , the ratio 23/5.6 = 4,1 quite High .

2. Volume but insignificant pip move 

So where to? Short if it breaks support, which it did and the result 75pips.

That's the magic of Speed Index.