EURGBP - Multiple Patterns -Forecast Correct 40 PIPS-TRADING WITH WEIS WAVE WITH SPEED INDEX 18 June
Setup : 1Hour Chart Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller)
Story:
Based on previous post https://www.mql5.com/en/blogs/post/737472, forecast correct 40 pips on 1rst order up to resistance , second order closed (stoploss hit) on Interest Rate Decision news - visible on chart
We have hit Fib and started moving up, then retraced back to 50% Fib and all the nice patterns start to appear.
Plutus Reversal Long SI ratio 20.1/3.8=5.3
Plutus Reversal Long SI ratio 13.3/5.9=2.3
Plutus Reversal Long SI ratio 54.6/5.4=10.1
Plutus Long SI ration 31.5/8.6= 3,6