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NZDJPY - Chart Reading

The Story:

  1. We hit a major Resistance from Daily (look left on your live chart)

  2. SI 23.6 is the 1st Push Down (selling)

  3. Fast Fake move with SI 4.9 that never reaches/breaks Res level

  4. That 72.5 on the up wave is an Abnormal SI screaming at us that we are cooking, that is a HTMU.

  5. Finally Plutus shows the way with a PRS

This the Magic of Speed Index - if you know how to read it



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