GBPUSD- Possible Plutus Reversal coming up -TRADING WITH WEIS WAVE WITH SPEED INDEX

GBPUSD- Possible Plutus Reversal coming up -TRADING WITH WEIS WAVE WITH SPEED INDEX

21 May 2020, 22:08
Panagiotis Diamantopoulos
0
53

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 Fib Area

2. After Hitting the Fib we had a hard time to go back up and a Plutus Reversal Short was formed SI ratio 23.0/5= 4.6

3. A possible Plutus Reversal Short forming SI ratio 7.9/3.5= 2.2, if it breaks that that 3.5 SI support

I have already entered , take some risk , consisdering the background it should go through unless buyers coming at that level.

Update:22/5/2020 11:48 Athens, Greece

4. Another Plutus Reversal Short.

That's what I am talking about, it does not get any easier than that. The Magic of Speed Index. 

First order closed on Fib , second one still running with 0 stoploss.


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