EURJPY-Is this a Plutus Reversal or their first Push down with a false break - TRADING WITH WEIS WAVE WITH SPEED INDEX

EURJPY-Is this a Plutus Reversal or their first Push down with a false break - TRADING WITH WEIS WAVE WITH SPEED INDEX

4 June 2020, 18:52
Panagiotis Diamantopoulos
0
261

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)

Story:

This is the 4HR chart and we do not see the details. If you try the 1HR it is not readable. Since we are at the top of a Daily Resistance that Huge 59.5 SI could also be a their first Push Down with a fake break up or it could be regular continuation. So what do we do: Patience must read next 1HR waves and must be readable that could also start ranging for a while.

4HR

1HR


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