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Writer's picturePanagiotis Diamantopoulos

GBPAUD - Plutus Reversal Long on the Exit from the range and 110 pips

Eventhough I did not take this trade because I thought is not going to work due to 5 min volumes on London open. Should have trusted the backgound and the system there were just London open volumes.



2 comments

2 Comments


Sure, down to 30min is ok as long as you background shows long. Remember we are not just trading the patterns. Furthermore, most probably you did not get the same wave count because I had the weighted volume =true.

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David Skelton
Jan 28, 2021

As using a different broker I didn't get the same weis wave count as you but by dropping down to M30 I got 2 PRL's in much the same position - would you recommend that course of action?

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