EURGBP - Multiple Patterns all pointing Long --TRADING WITH WEIS WAVE WITH SPEED INDEX

EURGBP - Multiple Patterns all pointing Long --TRADING WITH WEIS WAVE WITH SPEED INDEX

18 June 2020, 09:17
Trade The Volume Waves Single Member P.C.
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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: 

I always hate to trade EURGBP because the chart is usually a mess, but I could not resist these consecutive patterns


  1. We have hit Fib and started moving up, then retraced back to 50% Fib  and all the nice patterns start to appear.
  2. Plutus Reversal Long SI ratio 20.1/3.8=5.3
  3. Plutus Reversal Long SI ratio 13.3/5.9=2.3
  4. Plutus Reversal Long SI ratio 54.6/5.4=10.1
  5. Plutus Long SI ration 31.5/8.6= 3,6

Therefore Forecast Long - orders placed visible on chart.

to be continued.....


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