AUDJPY - It is all there on your chart you just have to know how to read it using this amazing tool!
Owning the tool it is one thing but knowing how to use it, it's another thing. I am here to help out.
If you spend just a few minutes on the chart an decode the info will get an edge.
Reading the Chart:
Coming down and hitting a Support Level
High PVR and price progesses up = Buyers (isn't that enough to enter Long? No because there could be sellers coming in on the way up)
Effort vs. Result (High Up Volume Wave with Small Pip Move) How do we know that this is their 1st Push Up? We do not, this could also be a Hard to Move Up situation. Therefore patience!
Effort vs. Result again (High Up Volume Wave with Small Pip Move) How do we know that this is their 2nd Push Up? We do not, this could also be a Hard to Move Up situation. Therefore patience again.
PVR notes more Buyers at the bottom hit with Support
Plutus Long clearing the Highs of the two Push Up waves. Now we know that this were Push Up waves and we enter Long.
PVR noting again more Buyers on Fib retracement
After all the above are you going Short or Long?