This is how you to see that buyers steped in!!!
- Panagiotis Diamantopoulos

- 6 days ago
- 1 min read

Creating the chart with My Chart https://www.mql5.com/en/market/product/178752 and reading the chart using Weis Wave with Speed Index https://www.mql5.com/en/market/product/33441
Reading from let to right
Support is formed and you can see high buyers waves (cumulative volume waves)
From early morning and London huge volume at support level - check the volume chart from My Chart indicator
Speed Index 18.5 is a huge large down wave but price at support level = hard to move down = buyers
Explosion
Sellers come in but they dry out, down waves decreasing
Buyers again
Now we are aproaching Fib - sellers might show up.
Enjoy!



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