Learn to read the chart. The Story: We are balancing on a significant Fib 61.8 Last SI before the fake break of Fib quite High at 17.6, probable buyers Fake Break = Wyckoff Spring formation start. PVR quite high Plutus comes with a Long signal PRL Abnormal SI of 21.0 = buyers on the way down The reaction : large up volume wave with the corresponding...
The Story: Price coming down with a large down volume wave Abnormal SI of 28.1 after hitting Fib which means hard to move up Plutus signals for Short and with a PRS ...and again with PS Finally Plutus beats Fibonacci
No Entry because we are in Range, waiting for Plutus on Exit only, no the bias is neutral!
The Story: PVR shows high volume on every deep Reached Support Level Abnormal Speed Index of 33 ...and Plutus says long with a PRL signal Entry Long if 1hR closes above the blue line
This is a classic text book entry for the SI traders if it exits with a Plutus signal. We have an abnormal Speed Index, we a PRL long signal, but I am waiting for the Exit because we could keep Ranging and then change direction. Long if the 1h bar closes above the Range with a Plutus signal.
More PRS signal more pips. It has reached 202 pips from the Abnormal Speed Index and stopped exactly were expected, where else, at support!!!
The Story: 1. Largest Linear Volume Down Wave 2. Ranging for a few days 3. Plutus provides the signal PRS = Plutus Reversal Short That's a text book entry for the SI traders and their methodology. 110 pips so far Enjoy!!
The Story: We have hit Support for the fourth time Abnormal Speed Index 50.0- notifies about the Change in Behavior Plutus provides the Entry with a Plutus Reversal Short signal The result 143 pips so far
All the charts say a story, you just have to be able to read it! The Chart Story: Progressive Volume Rate increasing as we approach Support Plutus also signals PL signal = Long High Volume waves after a while