848evo

EURJPY Cluster Chart 10-6-16

FX:EURJPY   Euro Fx/Japanese Yen
21 0 1
PA is currently stuck between two clusters, we have 2 big buy clusters right above that will shoot price up and a very large sell cluster right below that will cause a sell off to the downside. Wait for breakout confirmation and then trade in the direction of the break.
***** 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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