848evo
Short

EURGBP Cluster Chart 10-5-16

FX:EURGBP   Euro Fx/British Pound
23 0 3
PA has gone up and taken out both upper blue buy clusters causing PA to do a little pop, but I think that's the end of this wave up, PA is extremely oversold and needs to do a retracement down, with the 2 lower blue clusters being target 1 & 2. I'd wait for PA to break & close below the green entry line first or a break of the extreme rising TL.
***** 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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