848evo

EURGBP Cluster Chart

Short
FX:EURGBP   Euro / British Pound
2
EURGBP cluster chart, thicker the line, stronger the cluster. First off, the blue lines above PA is CORRECT. They are blue and not red resistance lines because those are clusters of BUY orders, not SELL. So if PA can hit those lines, we could see a rush up as those buy orders are triggered. However, that being said, price is currently very overextended and I believe we will first see a drop to the lower 2 support levels before pushing back up. Currently short biased.
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