Hello FF,
I've been studying the Paradox on this tread for over 4 months and observing how the Paradox move bar to bar. So starting today, I am finally ready to post trading plans and will try to do so on a daily basis.
But before that, I would like to thank Dana for giving us this opportunity to become an Elite, and I am grateful for Dana's positive impact on my life.
Now let's get straight to business.
Session: London EUR/JPY
Red News: USD but not to be worry about.
Daily
Romar: Resistance
EMA: Support
Parabolic: Support
EMA last arrow: UP, MACD: UP
H4
Romar: Support
EMA: Support
Parabolic: Resistance
H2
Romar: Support
EMA: Resistance
Parabolic: Resistance
EMA last arrow: DOWN, MACD: DOWN (edited)
H1
Romar: Resistance
EMA: Resistance
Parabolic: Resistance
Daily (big picture) final note
The last DB attachment is on the December 4th candle and then the market swing up from December 5th to FIBO 61.8 resistance. Note the SAR showing and it "stop and reverse" after hitting 61.8 and now the market is at FIBO 23.6 support. Notice Parabolic is at 23.6 support and EMA PURPLE cross.
23.6 - 61.8 FIBS are strong level, and we could start ranging between them until one breaks.
H1 H2 H4 final note
H2 is showing a double bottom with the market piercing the lower BB support with H1. H4 market is at 61.8 support.
Market type
Consolidated up swing / Ranging.
Entry with rules/confluences.
I've been studying the Paradox on this tread for over 4 months and observing how the Paradox move bar to bar. So starting today, I am finally ready to post trading plans and will try to do so on a daily basis.
But before that, I would like to thank Dana for giving us this opportunity to become an Elite, and I am grateful for Dana's positive impact on my life.
Now let's get straight to business.
Session: London EUR/JPY
Red News: USD but not to be worry about.
Daily
Romar: Resistance
EMA: Support
Parabolic: Support
EMA last arrow: UP, MACD: UP
H4
Romar: Support
EMA: Support
Parabolic: Resistance
H2
Romar: Support
EMA: Resistance
Parabolic: Resistance
EMA last arrow: DOWN, MACD: DOWN (edited)
H1
Romar: Resistance
EMA: Resistance
Parabolic: Resistance
Daily (big picture) final note
The last DB attachment is on the December 4th candle and then the market swing up from December 5th to FIBO 61.8 resistance. Note the SAR showing and it "stop and reverse" after hitting 61.8 and now the market is at FIBO 23.6 support. Notice Parabolic is at 23.6 support and EMA PURPLE cross.
23.6 - 61.8 FIBS are strong level, and we could start ranging between them until one breaks.
H1 H2 H4 final note
H2 is showing a double bottom with the market piercing the lower BB support with H1. H4 market is at 61.8 support.
Market type
Consolidated up swing / Ranging.
Entry with rules/confluences.
- H2 FIBO flipped to green from red, and both H1 H2 is at the lower BB support. And H2 is showing a double bottom.
- H4 is at 61.8 support and the Daily is at 23.6 support with the Parabolic.
- H2 H4 standard Divergence with the DB connected at the bottom, so the market will go to resistance next.
- We have more than 40 pips gap before H2 Romar support/resistance (Romar Purple is at the crossing)
Trend Support/Resistance