DislikedMay 15th, 2019 EUR/JPY. Session: Tokyo Red News: USD H1 Romar: Resistance EMA: Resistance Parabolic: Resistance Fibs: Green Note: White Smooth Purple are pointing for the up and out of sync with H2. H2 Romar: Resistance EMA: Resistance Parabolic: Resistance Fibs: Green EMA last arrow: DOWN, MACD: DOWN Note: Everything is pointing for the down. SAR is showing at the bottom and only the standard Divergence is showing at the top. H4 Romar: Resistance EMA: Resistance Parabolic: Resistance Fibs: Green Note: Everything is pointing down, and EMA is sliding...Ignored
In ranging we trade from support to resistance and vice-versa. Also H2 only the standard Divergence is showing at the top on Romar resistance so the hidden Divergence can show up after a retrace to support then back up towards the Divergence.
The entry is around H2 Green '23.6' support with SAR showing and White Purple has crossed for the up with the entry open bar above Smooth confluence with H1 EMA MACD arrow showing in sequence for the up.
Risks
H2 EMA can be a slider and H2 Romar can block the TP
Trend Support/Resistance