March 16th, EUR/JPY.
Session: New Daily bar
Red News: USD 11:00 AM
Daily:
ROMAR: Support
EMA: Support
PSAR: Support
Checklist:
Last MACD 0 Cross: Up
Last EMA arrow: Up
Last DB attachment: 130.476
Last SAR attachment: Together with DB
Fibo: Red/Down
Notes: The Daily shows down move to Smooth support from Fibo "0" red resistance, and opened at Smooth. Daily is up.
H4:
ROMAR: Support
EMA: Resistance
PSAR: Resistance
Checklist:
Last DB attachment: 129.477
Last SAR attachment: Together with DB
Fibo: Red/Down
Notes: H4 DB/SAR standard Divergence showing connection on Fibo "61.8"/Lower BB support. H4 is down. Romar is currently out of play.
H2:
ROMAR: Support/Resistance
EMA: Resistance
PSAR: Resistance
Checklist:
Last MACD 0 Cross: Down
Last EMA arrow: Down
Last DB attachment: 129.477
Last SAR attachment: Together with DB
Fibo: Green/Up
Notes: H2 DB/SAR standard Divergence showing connection at Fibo green "0" support, and showing hit on lower BB support. H2 is down, Romar is support/resistance.
H1:
ROMAR: Resistance
EMA: Resistance
PSAR: Resistance
Checklist:
Last MACD 0 Cross: Down
Last EMA arrow: Down
Fibo: Green/Up
Notes: H1 is showing hit on lower BB support, and Romar EMA has crossed down. White Purple crossed.
Final Notes: The market is in consolidation, in consolidation we trade from support to resistance and vice-versa. The market is showing a down move from resistance to H4 H2 H1 lower BB support, and also hit on Daily Smooth support.
Note H4 Romar is out of play, and H2 H1 Fibo is green.
Projected entry: Wait will for a clear visual for the upcoming bars, and make an entry within the rules with the least possible risk.
Session: New Daily bar
Red News: USD 11:00 AM
Daily:
ROMAR: Support
EMA: Support
PSAR: Support
Checklist:
Last MACD 0 Cross: Up
Last EMA arrow: Up
Last DB attachment: 130.476
Last SAR attachment: Together with DB
Fibo: Red/Down
Notes: The Daily shows down move to Smooth support from Fibo "0" red resistance, and opened at Smooth. Daily is up.
H4:
ROMAR: Support
EMA: Resistance
PSAR: Resistance
Checklist:
Last DB attachment: 129.477
Last SAR attachment: Together with DB
Fibo: Red/Down
Notes: H4 DB/SAR standard Divergence showing connection on Fibo "61.8"/Lower BB support. H4 is down. Romar is currently out of play.
H2:
ROMAR: Support/Resistance
EMA: Resistance
PSAR: Resistance
Checklist:
Last MACD 0 Cross: Down
Last EMA arrow: Down
Last DB attachment: 129.477
Last SAR attachment: Together with DB
Fibo: Green/Up
Notes: H2 DB/SAR standard Divergence showing connection at Fibo green "0" support, and showing hit on lower BB support. H2 is down, Romar is support/resistance.
H1:
ROMAR: Resistance
EMA: Resistance
PSAR: Resistance
Checklist:
Last MACD 0 Cross: Down
Last EMA arrow: Down
Fibo: Green/Up
Notes: H1 is showing hit on lower BB support, and Romar EMA has crossed down. White Purple crossed.
Final Notes: The market is in consolidation, in consolidation we trade from support to resistance and vice-versa. The market is showing a down move from resistance to H4 H2 H1 lower BB support, and also hit on Daily Smooth support.
Note H4 Romar is out of play, and H2 H1 Fibo is green.
Projected entry: Wait will for a clear visual for the upcoming bars, and make an entry within the rules with the least possible risk.
Trend Support/Resistance