Chart Reading
1. FU (Fast up wave ) with SI 1.9F hitting a Resistance Area - I would prefer if it was the Fib right above resistance but I will risk it.
2. Next Up wave it's a HTMU (Hard to Move up) with SI 9.0. That's an Abnormal SI compared to the average before which was 3.3 which means that sellers are probably absorbing buy orders.
3. Confirmation comes with the PRS signal.
Even if it get's to the Fib my bias is still Short!. I hope this helps!
Enjoy!
1. FU (Fast up wave ) with SI 1.9F hitting a Resistance Area - I would prefer if it was the Fib right above resistance but I will risk it.
2. Next Up wave it's a HTMU (Hard to Move up) with SI 9.0. That's an Abnormal SI compared to the average before which was 3.3 which means that sellers are probably absorbing buy orders.
3. Confirmation comes with the PRS signal.
Even if it get's to the Fib my bias is still Short!. I hope this helps!
Enjoy!
Contact:info@tradethevolumeswaves.com
Site: tradethevolumewaves.com
Lesson 15: youtu.be/QPG59GWr5HQ?si=joaRCJgvyo-L2ntM
Site: tradethevolumewaves.com
Lesson 15: youtu.be/QPG59GWr5HQ?si=joaRCJgvyo-L2ntM
Exención de responsabilidad
La información y las publicaciones no pretenden ser, ni constituyen, asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Contact:info@tradethevolumeswaves.com
Site: tradethevolumewaves.com
Lesson 15: youtu.be/QPG59GWr5HQ?si=joaRCJgvyo-L2ntM
Site: tradethevolumewaves.com
Lesson 15: youtu.be/QPG59GWr5HQ?si=joaRCJgvyo-L2ntM
Exención de responsabilidad
La información y las publicaciones no pretenden ser, ni constituyen, asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
