Whigreblure (the riding of)

EUR/JPY:constucting a case for a bullish rally 16-04-15 21:00---------128.22
15min REGpop XU V400 which is a sign of a recovery- Price is below VA-VI and setting foot into MAEchannel(127.83)
Assesment: Showing positive (EARLY)signs

5min REGpop just XO V400, WHIGREEBLURE its aligned- Price above VI-VA(127.75) and S-Mchannel
Assesment:All ready to go on a bullish run. Price should find sopport on VARMA, possible a little higher.

1min WHIGREBLURE its aligned.Price well established over VI-VA(127.87) and on top of S-Mchannel
Assesment: After a run of 250 pips from the swing low its a bit scary to try to ride this pair even higher. Also EUR/GBP its showing weakness which its not encouraging for the Euro pairs. Still, 5 mins its well supported.

Action plan:
Go long on VIDYA 5min (127.8) and in every step 15 pips lower// SL@ 126.90// LP@ 131.35

Staying on the sidelines for the moment.

Price just kissed my first entry point but didnt open it by a hair(spread) and took off on a 100+ pips run. Now price its coming back but charts are not offering me any positive signal supporting my case, at least not for the moment. Since Im on my first steps learning this chart behavior Im gonna stay on the sides until something more clear comes up.