DislikedNew day, new plan. Daily ROMAR: Resistance EMA: Resistance Parabolic: Resistance Notes: Still in downtrend 2H ROMAR: Resistance EMA: Resistance Parabolic: Resistance Notes: White and Smooth had crossed Purple. Purple making its way to EMA. 1H ROMAR: Resistance EMA: Support Parabolic: Support Notes: The market remains supported by 4 horsemen and EMA. Direction: We are in ROMAR downtrend on all 3 charts but we have 1H EMA out of sync for a consolidation. {image}Ignored
Purple cross White downward on H2, entry at bar open below smooth. Purple H2 is moving toward the EMA which is resistance and Purple crossing White thereafter would indicate a rejection of the EMA. Also, SAR is currently on top of the H2.
Alternatively, an open above the 2HR PSAR without PSAR flipping - I think this is unlikely as the PSAR is almost to EMA and could flip.
Reasonable thought process?