848evo

GBPUSD Cluster Chart 10-5-16

Long
FX:GBPUSD   British Pound / U.S. Dollar
0
PA has moved down as expected and hit the first big sell cluster for that spike down, but it seems that spike was just barely short of triggering the 2nd large sell cluster right below it. Now it seems a blue support cluster is starting to form below the current price and I'm not sure if PA will have the strength to push any further down and trigger the 2nd large sell cluster below. I'll wait for additional confirmation, but long biased.
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