Panagiotis Diamantopoulos

Jul 28, 20201 min

EURGBP - Forecast Correct -That weakness worked out nice - 45 pips

Based on this morning's post : https://www.tradethevolumewaves.com/post/eurgbp-looks-like-it-is-having-hard-time-to-move-up

Our Story:

  1. We have been hitting a Major Resitance several times.

  2. Recent up waves top SIs are higher than the bottom ones

  3. Last up wave with 62.4 SI and volume without significant pip move

  4. We broke that resistance

Guess where it stoped , exaclty on Fib - so predictable.

This is the Magic of Speed Index.

After:

Before:

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