This is how I read the chart using Lesson 15 Methodology:
1. Fib Location (sellers might enter)
2. Sellers started to be visible on PVR when price entered Fib 50-61.8 area and on the break of 61.8
3. FU - Fast Up wave - Fast SI of 3.4F and that's our Fake break of Fib
4. After the false break we have the highest down volume wave, that's another indication of sellers
5. Placed AVWAP at the beginning of the fast wave and wait for the price to cross downwards, then pullback and respect AVWAP as resistance.
6. Entry Short of PS (Plutus Short) signal
I have already moved my order to Break-Even because are entering another Fib location.
I hope this helps. Enjoy!
1. Fib Location (sellers might enter)
2. Sellers started to be visible on PVR when price entered Fib 50-61.8 area and on the break of 61.8
3. FU - Fast Up wave - Fast SI of 3.4F and that's our Fake break of Fib
4. After the false break we have the highest down volume wave, that's another indication of sellers
5. Placed AVWAP at the beginning of the fast wave and wait for the price to cross downwards, then pullback and respect AVWAP as resistance.
6. Entry Short of PS (Plutus Short) signal
I have already moved my order to Break-Even because are entering another Fib location.
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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.