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EURGBP - Nice Story on Support - easily identified.

The Story:

  1. Support Level

  2. High Progresive Volume = Buyers

  3. 1st Push Up = High Up Volume wave Small Pip Wave= Effort vs. Result

  4. ... the entry PRL


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1 Comment

Stefan
Jun 07, 2021

I have started, once you give a hint, e.g. 'EURGBP', to make the analysis on my own, and then afterwards check if the "solution" is correct by comparing with the blog post you upload. I got this one correct, albeit no PRL or PL patterns were identified by the indicator with similar sensitivity settings. I guess that's a broker volume thing. But I think that this just illustrates why it is so important to be able to identify Plutus breakouts with the naked eye. Practice practice practice

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