DislikedFebruary 16th, EUR/JPY. Session: New open bar Red News: USD 5 AM PST Daily: ROMAR: Support EMA: Support PSAR: Support Checklist: Last MACD 0 Cross: Up Last EMA arrow: Up Last DB attachment: Top at 128.368 Last SAR attachment: Together with DB Fibo: Red/Down Notes: Market opened by top Fibo resistance, and the Daily is imbalance with Purple. Daily is up and DB/SAR with both Divergence showing at the top. Purple is support. H4: ROMAR: Support EMA: Support PSAR: Support Checklist: Last DB attachment: 128.368 Last SAR attachment: Together with DB Fibo:...Ignored
Entry: Going short. The Daily H4 H2 in confluence with DB/SAR standard and hidden Divergence showing at the top so next connection is to the bottom and the Daily is imbalance with Purple support. Fibos are red/down.
H1 Parabolic flipped and set in stone puts the market in consolidation, in consolidation we can trade both ways.
H2 Parabolic eliminated White Purple crossed, and H1 EMA Purple crossed.
Risk: The market is showing a consolidated uptrend.