EURJPY Date:23/04/18
News: No high impact news for EUR,JPY,USD, however expect volatility with medium impact news.
Daily:
ROMAR - Support
EMA - Support
PSAR - Support
Check List:
Last MACD 0 crossing: up smaller bars
Last EMA Alert Arrow: up
Last DB Attachment: top , with sar detaching to daily romar for the re entry .
Fibo up or down: fibo down
Notes:4hm up, romar held support, Sunday candle opened above ema. Purple crossed white though and in between smooth/white,
2 HR:
OPEN PRICE – 132.350
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
Check List:
Last MACD 0 crossing: down, smaller bar
Last EMA Alert Arrow: down
Last DB Attachment: down with lime tag,
Fibo up or down: fibo flipped for the up
Notes: purple crossed white with a steep turn indicating the end of the down move and market wanting to go up, daily romar held support . ema, psar, are still resistance however, keeping us in consolidation .
1 HR:
ROMAR - Resistance
EMA - Support
PSAR - Support
Check List:
Last MACD 0 crossing: up
Last EMA Alert Arrow: up
Fibo up or down: up
Notes:4hm up, h1 turning for the swing up, psar flipped for support and macd up .
Final Notes for all three charts:h1 up, h2 turning up, h4 down, daily up. Romar is support still on h4 and daily. H1 has begun an upswing, and if 4hm cross romar, then h2 should be in sequence for the complete uptrend, however market will consolidate for a while before that happens. Since we are in consolidation, trading is both ways, and the next daily candle open will tell us a lot, but as it stands I prefer the entry long from a good level of support.
Entry: Entered long at 132.250, at h4 romar support, h2 purple smooth.
News: No high impact news for EUR,JPY,USD, however expect volatility with medium impact news.
Daily:
ROMAR - Support
EMA - Support
PSAR - Support
Check List:
Last MACD 0 crossing: up smaller bars
Last EMA Alert Arrow: up
Last DB Attachment: top , with sar detaching to daily romar for the re entry .
Fibo up or down: fibo down
Notes:4hm up, romar held support, Sunday candle opened above ema. Purple crossed white though and in between smooth/white,
2 HR:
OPEN PRICE – 132.350
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
Check List:
Last MACD 0 crossing: down, smaller bar
Last EMA Alert Arrow: down
Last DB Attachment: down with lime tag,
Fibo up or down: fibo flipped for the up
Notes: purple crossed white with a steep turn indicating the end of the down move and market wanting to go up, daily romar held support . ema, psar, are still resistance however, keeping us in consolidation .
1 HR:
ROMAR - Resistance
EMA - Support
PSAR - Support
Check List:
Last MACD 0 crossing: up
Last EMA Alert Arrow: up
Fibo up or down: up
Notes:4hm up, h1 turning for the swing up, psar flipped for support and macd up .
Final Notes for all three charts:h1 up, h2 turning up, h4 down, daily up. Romar is support still on h4 and daily. H1 has begun an upswing, and if 4hm cross romar, then h2 should be in sequence for the complete uptrend, however market will consolidate for a while before that happens. Since we are in consolidation, trading is both ways, and the next daily candle open will tell us a lot, but as it stands I prefer the entry long from a good level of support.
Entry: Entered long at 132.250, at h4 romar support, h2 purple smooth.