USDCAD-Double Plutus Reversal Long -TRADING WITH WEIS WAVE WITH SPEED INDEX

USDCAD-Double Plutus Reversal Long -TRADING WITH WEIS WAVE WITH SPEED INDEX

21 May 2020, 22:54
Panagiotis Diamantopoulos
0
65

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 Support coming from Daily chart

2. Plutus Reversal Long with SI ratio 8.1/1.2= 6,7 

3. Another Plutus Reversal Long (even though it broke a the 4.8 Support) SI ratio  9.4/3.3= 2.8

First order closed since we have hit resistance , second one still running with stoploss 0.

This is the Magic of Speed Index

Forecasted correct , we broke the range - now we are on Fib - moved stoploss- let's see if sellers are going to show up..


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