EURJPY - This is called a Wyckoff Spring
Updated
The Story:
* We are coming down hitting a major support level with a fast down move (speed index at 7.3 nothing like that on the down moves)
* High PVR on the touch of Support = Buyers
* High Speed Index 53.7S on the next down move = hard to move down = more buyers
* Double signal Wyckoff Spring (WS) and Plutus Reversal Long (PRL) and up we go!
Enjoy!
Learn to read and trade any market!
* We are coming down hitting a major support level with a fast down move (speed index at 7.3 nothing like that on the down moves)
* High PVR on the touch of Support = Buyers
* High Speed Index 53.7S on the next down move = hard to move down = more buyers
* Double signal Wyckoff Spring (WS) and Plutus Reversal Long (PRL) and up we go!
Enjoy!
Learn to read and trade any market!
Trade closed: target reached
First target reached at Fib area.Second order at BE
Contact:info@tradethevolumeswaves.com
Site: tradethevolumewaves.com
Site: tradethevolumewaves.com
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