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Writer's picturePanagiotis Diamantopoulos

CADJPY - This is how a Wyckoff Spring looks like and measured by Speed Index, 120 pips

Easy to read when:

  1. You know where price is at, Support

  2. Be patient for the reaction wave after the support hit

  3. Follow Plutus signals that agree with the background. In this case we had a double signal Wyckoff Spring and PRL - Plutus Reversal Long

  4. Close your order at a location you know you are going to find resistance: Fib 50-61.8 (close at least part of it)

Simple as that, relaxed trading using Plutus



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