Time 23 GMT
Daily Plan for 16 of January 2017
Daily:
ROMAR - Support
EMA - Resistance
PSAR - Resistance
Last EMA Down
MACD - Down
DB/SAR Attachment 120.749
Fibo - Red
Notes: Daily with 4 horsemen lined up for down, market just rebound at fibo 61.8 from purple as resistance.
2 HR:
OPENING PRICE: 120.978
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
Last EMA Down
MACD -Down
Last DB Attachment is 120.749
Fibo green
Notes: Just finish a down trend and going into consolidation. Purple had crossed white and smooth. Horsemen hold as support
1 HR:
ROMAR - Resistance
EMA - Resistance
PSAR - Support
last EMA - down
last MACD - up
Fibo – green
Notes: 1H is in consolidation and ranging in a tight range. Purple cross white and slide over ema.
Final notes: 2h starting to end the down swing and turning upwards by purple crossing white/smooth and open above smooth. However, smooth have not cross white and ema resistance is within strike. 1H also had showed a reverse from upswing but bound off the PSAR support.
Overall, looking good for long but probably need to wait for 2H psar flip and open above ema.
entry long if 2H PSAR flip and open above ema. 2 horsemen in uptrend with 1H in sync
entry short from 2H PSAR or EMA if 2H and 1H horsemen form downtrend
Long term trading: Will Go long in long term if 2H PSAR flip to up due to 2H just hit SAR/DB in 120.749 and fibo flip up.
Daily Plan for 16 of January 2017
Daily:
ROMAR - Support
EMA - Resistance
PSAR - Resistance
Last EMA Down
MACD - Down
DB/SAR Attachment 120.749
Fibo - Red
Notes: Daily with 4 horsemen lined up for down, market just rebound at fibo 61.8 from purple as resistance.
2 HR:
OPENING PRICE: 120.978
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
Last EMA Down
MACD -Down
Last DB Attachment is 120.749
Fibo green
Notes: Just finish a down trend and going into consolidation. Purple had crossed white and smooth. Horsemen hold as support
1 HR:
ROMAR - Resistance
EMA - Resistance
PSAR - Support
last EMA - down
last MACD - up
Fibo – green
Notes: 1H is in consolidation and ranging in a tight range. Purple cross white and slide over ema.
Final notes: 2h starting to end the down swing and turning upwards by purple crossing white/smooth and open above smooth. However, smooth have not cross white and ema resistance is within strike. 1H also had showed a reverse from upswing but bound off the PSAR support.
Overall, looking good for long but probably need to wait for 2H psar flip and open above ema.
entry long if 2H PSAR flip and open above ema. 2 horsemen in uptrend with 1H in sync
entry short from 2H PSAR or EMA if 2H and 1H horsemen form downtrend
Long term trading: Will Go long in long term if 2H PSAR flip to up due to 2H just hit SAR/DB in 120.749 and fibo flip up.