Lesson 15 in Action - Plutus confirming and down we go!
- Panagiotis Diamantopoulos
- Sep 23, 2024
- 1 min read
Reading the chart:
1. Resistance Level
2. Highest up volume wave just before resistance - (According to lesson 15 - sometimes sellers enter on large up volume waves)
3. Placed AVWAP on the the beginning of the wave.
4. Price crosses AVWAP and pulls back - respecting AVWAP as a resistance level
5. Plutus Reversal Short (PRS) confirms the entry
.... several Plutus shorts signals and Abnormal SIs on range, the rest is history, +82 pips


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