848evo
Short

AUDUSD Cluster Chart 10-5-16

FX:AUDUSD   Australian Dollar/U.S. Dollar
30 0 4
PA is currently in the process of trying to break through the H&S pattern and if we see PA drop to trigger the large sell cluster at .758, we could see the completion of the H&S pattern as price falls to take out the lower support clusters. Wait and make sure PA CLOSES below the green entry line before opening a trade.
***** 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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