Get started
British Pound / New Zealand Dollar
Short

GBPNZD - Davis Weis Concept - Shortening of Thrust 190 pips

52
Every chart has a story to tell and this is the story of this one:
The Story:
  1. This is David's Weis concept shorting of thrust, a price moves up price waves get shorter.
  2. On the the last volume we have an abnormal SI of 24.1 = HTMU (Hard to Move Up) = Sellers =Short on the downwards break
  3. Simple as that!


190 pips so far

Enjoy!
Learn to Read and Trade and Market

TradeTheVolumeWaves
Contact:info@tradethevolumeswaves.com
Site: tradethevolumewaves.com
Lesson 15: youtu.be/QPG59GWr5HQ?si=joaRCJgvyo-L2ntM
Also on:
plutusspeedindexTrend AnalysisvolumeanalysisWave Analysisweisweiswavewyckoff

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.
plutusspeedindexTrend AnalysisvolumeanalysisWave Analysisweisweiswavewyckoff
TradeTheVolumeWaves
Contact:info@tradethevolumeswaves.com
Site: tradethevolumewaves.com
Lesson 15: youtu.be/QPG59GWr5HQ?si=joaRCJgvyo-L2ntM
Also on:

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.