848evo
Short

EURJPY Cluster Chart 10-7-16

FX:EURJPY   Euro Fx/Japanese Yen
20 1 0
We now have a range established with a strong buy order above that would cause PA to spike up and a strong sell stop below that would cause a spike down. Given the minor rising TL break, I'm still biased to the downside for now, but there are targets in both directions.
***** 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.
al_winslow PRO
3 months ago
Hi,

I haven't seen a chart like this before. it's very interesting information. Is this an indicator that is readily available or have you created this from your own information?

Thanks,

Alex
Reply
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