EURJPY - TRADING PLAN - MAY 11
DAILY
ROMAR - Support
EMA - Support
PSAR - Support
Notes: 4 horsemen uptrend. SAR detached from DB and attached to the bottom of the candle at 123.311. Red fib.
2H
ROMAR - Support
EMA - Resistance
PSAR - Resistance
Notes: Purple crossed EMA, which put the 4 horsemen in resistance, with MACDx and EMAx pointing down. A hit on the lower BB happened with DB on top of SAR at 123.311 (same level on daily where SAR attached). EURJPY also touched ROMAR support. Red fib.
1H
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
Notes: 4 horsemen shooting down with a green fib. EMAx and MACDx are pointing down.
Entry: Entered around the 61.8 fib level to go long for a 40/40 trade. BB band hit, with the DB on top of SAR attachment with the 123.311 pricetag present. Confluence on the daily with the 123.311 pricetag on the bottom of the candle (SAR attachment).
I will post evaluations when my trade is closed.
As always, God bless you all.
DAILY
ROMAR - Support
EMA - Support
PSAR - Support
Notes: 4 horsemen uptrend. SAR detached from DB and attached to the bottom of the candle at 123.311. Red fib.
2H
ROMAR - Support
EMA - Resistance
PSAR - Resistance
Notes: Purple crossed EMA, which put the 4 horsemen in resistance, with MACDx and EMAx pointing down. A hit on the lower BB happened with DB on top of SAR at 123.311 (same level on daily where SAR attached). EURJPY also touched ROMAR support. Red fib.
1H
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
Notes: 4 horsemen shooting down with a green fib. EMAx and MACDx are pointing down.
Entry: Entered around the 61.8 fib level to go long for a 40/40 trade. BB band hit, with the DB on top of SAR attachment with the 123.311 pricetag present. Confluence on the daily with the 123.311 pricetag on the bottom of the candle (SAR attachment).
I will post evaluations when my trade is closed.
As always, God bless you all.
"Cast your burden upon the Lord and He will sustain you"