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AUDUSD - Wyckoff Up-Thrust on Fib 78.6 - Speed Index reading

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This is how you can use Speed Index and Plutus signal to confirm a Wyckoff Up-Thrust

The methodology:
1. Location: if 61.8 Fib does not provide resistance 78.6 is stronger
2. It all started with a Fast Up wave (FU) with Speed Index 0.5F (fake move)
3. The down wave followed with an Abnormal Speed Index of 2.0S (first Push Down) which means that we could have sellers coming in.
4. On next up wave look at bottom indicator PVR where as price increases volume increases = more sellers coming at the top (SI:1.8)
5. Finally Plutus shows the entry with a WU signal (Wyckoff Up-Thrust)

Enjoy

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