
EURJPY Nice Plutus Pattern 143pips -TRADING WITH WEIS WAVE WITH SPEED INDEX
30 April 2020, 18:36

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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:
Not much to say a nice Plutus pattern. Push Up SI of 25.3 ( a lot of Buying) and Dn SI of 5.3 (fast fake move down that never broke Support) and then explosion.
Quite High Ratio 25.3/5.3=4.77
This is the Magic of Speed Index.
the continuation was 143 pips up to 61.8 Fib where we found Resistance.