GBPAUD - Possible Wyckoff UpThrust
Simple:
Broke a major resistance level - excellent location for a Wyckoff Up-Thrust
Price pulled back and the next up waves has a very high Speed Index of 27.9 which could mean price having a hard time to move up.
To confirm we did to break the blue line downwards to enter short
This is David's Weis quote "Trade is About to Happen" and book
Broke a major resistance level - excellent location for a Wyckoff Up-Thrust
Price pulled back and the next up waves has a very high Speed Index of 27.9 which could mean price having a hard time to move up.
To confirm we did to break the blue line downwards to enter short
This is David's Weis quote "Trade is About to Happen" and book
Commentaire:
Wyckoff Up-Thrust played out and down we go!