nmike
Long

EUR/USD Weekly Range Cloning Analysis

FX:EURUSD   Euro Fx/U.S. Dollar
2336 37 48
I'm using the Fib tool to divide Clones into 1/4s makes it easier to draw intermediate price targets within Clones and automatically we get price points on the chart. Price action over the previous 2 weeks and this week so far suggests further upside but likely we get a short term pull back possibly to top of reference range. If current bullish action continues next target is 50% of Clone A. Break below reference range price could test S1 or 1/4 of range.
As usual with many of my Clone charts, it's interesting where some of the Clone targets line up with historical turning points. 50% of Clone C lines up with double top of 2014.Look further up and you see that 50% of Clone D matches the top of 2011. Other technical analysis is suggested as a confirmation to Cloning.

Rebounds

Hey nmike, Great analysis mate. I am trying to learn this cloning strategy but still have some difficulties. In order to get a reference box, you just look at the top and bottom of the range and draw out with a box? Then you just copy paste clones one top of another and include fibs from bottom to top for each clone? Was this a correct description of your cloning strategy?

Thank you for sharing and all the BEST :)
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nmike MOD moneymaking
....., you can use the Pivots indicator to show major swing points and then you just Clone the ranges,
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Oh great, thank you. That would makes it much easier. Appreciate the help nmike :)
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nmike MOD moneymaking
basic information on Cloning in commentaries
TSLA CLONING targets (daily)
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Ya, I just looked at that posted couple of minutes ago. It's a very simple but effective strategy. Great work mate, thank you for sharing it with all of us :)
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nmike MOD moneymaking
....glad to share :)
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what a clone nmike! ^_^
some silly projection from me on DXY (which applies inversely on EU)
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...nope...... could not hold above reference range last week,back to S1
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Very good Clone box chart..5 star. I had 1.1701 for Clone A & 1.1153 for your S1. all I use is Fibs & S&R, good luck.
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...great :)
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weekly bullish candle action .....likely to top of reference range near term
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trading on the critical levels
probably we'll see trending this channel
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nmike MOD Nickmail
yes, most likely
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Fisher 34/ 100 system for those of you that like indicators and or use divergence.

GLD  weekly , update
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Q on crone.. how can one fix/lock price scale.. very time i move up dpwn or zoom in out.. tp plot next cone line.. my fib scale changes? any cue on this ?
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sample charts in commentaries
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Clones on daily frame
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boring.. keep squeezing
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Pls tell me that I uderstand Clones strategy right or wrong? Thanks in advance

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yes that's ok,,, you basically have 2 options -- using top / bottom of pins or average of highs & lows like you did
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It stuck in a daily pviot .
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what daily pivot? you have chart?
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Alireza nmike
yeah , wait a moment please
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Alireza nmike
http://uupload.ir/files/5egy_capture1.png
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Alireza nmike
pink line is daily pivot!
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ok i see it,,anyway currently close yo Key range resistance
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Hello my friend, that's how I understand from these analyzes and images from I'm a sale or purchase
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wow thats amazing to see, this far from when it was posted.
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nmike MOD Alex.Singletary
...9 months and still in range box...hehe....
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this chart still looks great :)
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JaniKiss summer6
@summer6, Agree.
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Not a Convincing Break

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FXKOPPA nmike
@nmike, any latest update on clone
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@FXKOPPA, Hello!
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FXKOPPA nmike
@nmike, Thanks for sharing
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2M 1/4s
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