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Writer's picturePanagiotis Diamantopoulos

AUDJPY - Wyckoff Up-Thrust on Resistance and down we go, 112 pips!!

The story

  1. We have hit Resistance

  2. Abnormal SI behavior - look at the last top up-wave SI 20.9. Do you see any SIs like that on the previous up waves? "No". It does not get any easier than that, these were sellers.

  3. Furthermore look at the IPPR waves at the bottom - Exteme situation

  4. Plutus produces a WU 11.4 signal (Wyckoff Up-Thrust) and down we go






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