Panagiotis Diamantopoulos / Blog
AUDNZD -1H These are the reasons that most probably support and fib is not going to hold and go bullish: First let's look at history: 1. We were going up until we hit resistance with a fake break and the last up wave is having the highest speed index of 35...
Where EURGBP will go? Facts: We are in between major support and resistance that have touched twice on each one. 1. High Speed Index of 82.6 - Very high volume with small pip move...
Analyzing EJ 1H - Why it went down. 1. First high volume down wave - the highest down wave of the last four days + a High Speed Index of 31.6 2. Yellow rectangle - ranging - with various Speed Index values - Do we get an idea of what is going to happen next ? No clue !!! Just wait for the move! 3...
Three reasons why GJ 1H went down on resistance: 1. Resistance Level 2. First Push Down with High Speed Index of 48.8 - There is no Larger Speed Index on the entire chart. 3. Retracing to resistance level was also hard with a High Speed Index of 38...
Can someone tell me where US30 5min will go and why? The correct answer is down and the why is for the following reasons: 1. First time high volume down waves at resistance 2. Retracing to resistance level at non significant volume waves 3. First time such a High Speed Index of 20...
EURGBP 1H Short Forecast Three reasons why it will go down: 1. Very fast move up with little volume - Speed Index 4.2 - fastest up wave speed index compared to previous history waves 2. First Push down wave with Speed Index 32.1 - slowest down wave compared to previous history of down waves 3...
Why UJ 5min will break down: 1. 2. High Speed Index Waves on move up (5.6and 4.2). 2a. First Push Down with High Speed Index of 7.0 3. and 4. First high volume down waves compared to recent history 5. Diminishing volume on up waves...
Classic Trade on 100 tick chart UJ - Weis Wave with Alert and Speed Index works nicely on tick charts. Six Reasons to enter Long: 1. High Speed index of 3.9 at Support 2. Immediate bullish reaction 3. Decreasing Volume on Down Waves...
Four Reason to Enter Long now on GJ 1MIN: 1. High Speed Index 4.2 Down Wave 2. Immediate Bullish Reaction - Healthy Up Wave 3. High Speed Index 5.8 Down Wave at the same price level as 1. 4. Immediate Bullish Reaction - Healthy Up Wave...