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GBPNZD - Davis Weis Concept - Shortening of Thrust 190 pips

Short
British Pound / New Zealand Dollar (FX:GBPNZD)  
TradeTheVolumeWaves  
FX:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Wave Analysis weis weiswave plutus speedindex wyckoff volumeanalysis
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trendanalysis waveanalysis weis weiswave plutus speedindex wyckoff volumeanalysis
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!
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