Lesson 15 has done it again, 215 pips. This is how to read the chart!!!

Lesson 15 methodology;

1. Largest down wave after a while hitting a significant area Fib. Remember that buyers might come in on large down waves + on Fibs. Let's confirm.

2. Placed AVWAP at the beggining of the down wave and wait for price to cross upwards

3. Wait for a pull back on AVWAP. Look at Speed Index of the down wave pulling back to AVWAP, 14.0S that's an abnormal Speed Index. which means this is a HTMD (hard time to move down), which means buyers are absorbing all the sell orders.

4. Finnally Plutus comes with a Long signal PFBL and thar's our entry.

   ....and up we go 215 pips to next resistance level.

   
   

   Simple with plenty of time to plan because this is exactly what David Weis used to say 'Trade is about to Happen'

   
   

   

   Enjoy!