EURCAD - Long 53 pips - This is Why -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:

1. We have hit a Fib Area

2. High Volumes at the bottom close to the 61.8

3. First Push Up,  SI=6.8

4. Hard to move down, SI 10.0 

All the ingredients were there for a Long - So entered long after the break of that 6.8 SI Resistance. Orders  visible on charts.

This is the Magic of Speed Index - able to read the charts easily.