Trading Plan 23 Nov 2018
Daily
Romar : Resistance
EMA : Support
PARABOLIC : resistance, eliminated
4HRS : UP, purple crossing white, smooth and EMA
Note : Daily in consolidation with ROMAR resistance & EMA support. Parabolic resistance is eliminated with purple crossing white.
4HR
Romar : Support
EMA : Support
PARABOLIC : Support, eliminated
4HRS : Purple crossing white as early indication of reversal for downtrend
2HR
Romar : Support
EMA : Support
PARABOLIC : Support, eliminated
4HRS : Purple crossing white & smooth as early indication of reversal for downtrend
Note : DB/SAR [email protected] for HH (both Divergence) with fibo flipping down, market in consolidation around 23.6 fib to decide the next move.
1HR
Romar : Support
EMA : Support
PARABOLIC : Resistance, eliminated
4HRS : purple crossing white in consolidation.
Final Note
I will looking for short when the 2H parabolic flipping to confirm the downtrend, purple at EMA, 4HRS show a clear move with retrace to resistance as the signal to enter short. Red & green arrow appear in 2HR chart & white arrow for MACD crossing down, I will wait.. the consolidation might take time.
Daily
Romar : Resistance
EMA : Support
PARABOLIC : resistance, eliminated
4HRS : UP, purple crossing white, smooth and EMA
Note : Daily in consolidation with ROMAR resistance & EMA support. Parabolic resistance is eliminated with purple crossing white.
4HR
Romar : Support
EMA : Support
PARABOLIC : Support, eliminated
4HRS : Purple crossing white as early indication of reversal for downtrend
2HR
Romar : Support
EMA : Support
PARABOLIC : Support, eliminated
4HRS : Purple crossing white & smooth as early indication of reversal for downtrend
Note : DB/SAR [email protected] for HH (both Divergence) with fibo flipping down, market in consolidation around 23.6 fib to decide the next move.
1HR
Romar : Support
EMA : Support
PARABOLIC : Resistance, eliminated
4HRS : purple crossing white in consolidation.
Final Note
I will looking for short when the 2H parabolic flipping to confirm the downtrend, purple at EMA, 4HRS show a clear move with retrace to resistance as the signal to enter short. Red & green arrow appear in 2HR chart & white arrow for MACD crossing down, I will wait.. the consolidation might take time.