TradeTheVolumeWaves

EURUSD - This how a Wyckoff Spring Formation looks like

Long
FX:EURUSD   Euro / U.S. Dollar
Every chart has a story to tell and this is the story of this chart
The Story:
  1. We are on a heavy down trend
  2. Broke Support Level but with a very high PVR
  3. This High PVR on the down wave were buyers. How do I know? I do not at that time, but I do know later on because price never broke the low of the down wave
  4. Fast move up
  5. The confirmation is the down wave with the High SI of 15.0 = HTMD (Hard to Move Done)
  6. ...and finally the entry is the up wave breaking the resistance level + more confirmation the PRL signal

Result 68 pips and now ranging. Looking for the next entry with the classic text book entry "Exit from Range with Plutus"

Enjoy!
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