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TradeTheVolumeWaves
May 12, 2023 2:30 PM

EURNZD- This is why it moved 248 pips Long

Euro Fx/New Zealand DollarFXCM

Description

The Story:
* High PVR on 1st touch of support level = buying has started
* Increasing PVR as price moves down which means buyers on the down
* Double Long signal from Plutus WS and PL
* High PVR again without the price moving down and then moving up

Therefore all the previous logic was correct and these were buyers. This called the "FOLLOW" methodology :"Let them do what they have to do and then follow" Entry.

Enjoy!
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