new entry on NZDUSD 5M based on demand ,supportline fib and candle formation,

Cluster SR - interesting, new way of looking at support & resistance

Yes price seem to be bouncing between supply and demand there, good work

Cluster SR - interesting, new way of looking at support & resistance

Here is some pics I made for anyone doubting this work, this is not a reply to anyones comment, I probably should put this on the first page, anyway I could find hundreds of these places and if you just have a look your self before you are bashing ...

Cluster SR - interesting, new way of looking at support & resistance

Update EURJPY 5M, it looks like price wants to re-test the highs, but since it might come down to the buy area again, Im going to leave the lines on the chart, the setup is valid untill the highs are taken out. as for now it looks like price has no ...

Cluster SR - interesting, new way of looking at support & resistance

Thank you, I appreciate that, and Im glad my ideas is of use to you

Cluster SR - interesting, new way of looking at support & resistance

Here is another way. we can look to buy extreme dips in a rising zone, and selling tops in falling zones

Cluster SR - interesting, new way of looking at support & resistance

Im thinking about going Long EURJPY at the 61.8% fibonacci, the higher timeframes look OK, it also line up with the trendline, we also have a mid pivot on that area, and look at that thin stripe at the trendline. so I think nice confluence there. I ...

Cluster SR - interesting, new way of looking at support & resistance

you should know that what you see on the higher timeframes are considered more strong and valid and thats true on using the cluster MA's aswell. so if I wanted to take a trade on the 5 minutes chart on AUDUSD for example, I would then look for ...

Cluster SR - interesting, new way of looking at support & resistance

Here is the current 5M chart of USDJPY we can see there is a possible entry there, but Im not going to play countertrend in a uptrend strong as this, that would be like asking for troubble, there are too many bulls in there to mess it up.

Cluster SR - interesting, new way of looking at support & resistance

I just thought I'd put together something for USDJPY if we want to get in again, it still looks very bullish even price now have stalled, I think it might be the begining to something big, from the looks of the moove from yesterday it doesn't looks ...

Cluster SR - interesting, new way of looking at support & resistance

Thank you SEDI welcome to FF

Cluster SR - interesting, new way of looking at support & resistance

USDJPY update, also note that we have a doubble top, Im closing out the trade now 70+ pips this finnish the fan principle of the MA,

Cluster SR - interesting, new way of looking at support & resistance

also note the top two MA's are bending over, it means the uptrend is loosing momentum

Cluster SR - interesting, new way of looking at support & resistance

USDJPY update I don't want to loose to many pips if it will be any serious retrace, so Im setting the limit at the red line, a close below that and im out, it's better to take profit and jump in again after the retrace is completed

Cluster SR - interesting, new way of looking at support & resistance

USDJPY, prolonging the stripes a bit, don't take this post serious, first time I just thought it was fun.

Cluster SR - interesting, new way of looking at support & resistance

yes amazing stuff! Im waiting for a retrace back to the red line now, but it doesn't even look back yet.

Cluster SR - interesting, new way of looking at support & resistance

Update USDJPY Good news! we broke the resistance lets see if we can hold price above, what we want to see now is resistance turn to support

Cluster SR - interesting, new way of looking at support & resistance

Yeah, looks like just minor areas on the way down (thin stripes) I just closed out my trade, I probably could stay in longer but just taking small scalps for now

Cluster SR - interesting, new way of looking at support & resistance

Update AUDUSD short position, closed out in profit 12+ pips

Cluster SR - interesting, new way of looking at support & resistance

Im shorting AUDUSD resistance and inverted hammer

Cluster SR - interesting, new way of looking at support & resistance