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AUDNZD - Plutus Reversal Short 47 pips

Our Story:

  1. We have hit a Fib Area and starter bouncing around. In the beginning there was buying at the bottom , but at the end there was selling at the top.

  2. A nice Plutus Reversal Short was formed with a SI ratio 15.8/4.8= 4.25

  3. After the down break we had an up move with high volume at the top that never broke that 15.8, more weakness .....

..... and down we go.

I missed that trade yesterday.

This is the Magic of Speed Index.



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