848evo
Short

AUDJPY Cluster Chart 10-14-16

FX:AUDJPY   Australian Dollar/Japanese Yen
18 0 1
PA bounced off the rising TL and shot up overnight hitting the upper resistance cluster. I'm expecting either price to reverse here and head back down or it may go up to the cluster at 80, but this current level is also the 1.618 extension, so it would be a good place to reverse.
***** HOW TO READ THE CHART: The red and blue lines represent clusters of BUY/SELL orders. The thicker the line, the stronger the cluster. Red = SELL, Blue = BUY. Grayed Out = Cluster Hit & Gone.

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