NZDUSD- Plutus Reversal 60PIPS and going- TRADING WITH WEIS WAVE WITH SPEED INDEX
11 June 2020, 14:13
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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)
Story:
- Hit Resistance several times
- A nice hard to move up wave and a Plutus Reversal Short was formed with SI Ratio 14.1/5.2= 2.7
but since there was interest rate decision for USD had to wait and entered afterwards- 1st order closed , 2nd one still running , let's see if this Fib is going to hold
More info on Plutus patterns please refer to: https://www.tradethevolumewaves.com/strategies
Enjoy the Magic of Speed Index!
...and we keep going.
