EUR/JPY
No Red news forecast
Calendar Date 8.4.19 Sunday
Trading Date: 8.5.19 Monday
No Red News Forecast
Daily Open: 118.364
Previous Day High: 119.093
Previous Day Low: 118.252
Daily:
ROMAR – Resistance
EMA – Resistance previous day open below EMA
PSAR - Resistance
Check List:
Fibo Green near 0
Last MACD ‘0’ down
Last EMA arrow down
Last DB Attachment 118.252
Last SAR Attachment 118.252
Lower BB pointing down
Both Divergences attached at 118.252
Notes:
4 HR:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
BB opening wide top pointing down
Both Divergences attached 118.252
Check List
Fibo green near 0
Last DB Attachment 118.252
Last SAR Attachment 121.37
Notes:
2 HR:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
Check List:
Fibo is green near 0
Last MACD ‘0’ arrow up
Last EMA arrow down
Last DB Attachment 118.843
Last SAR Attachment 118.252
BB are open but beginning to close in
Both Divergences attached 118.252
Notes:
1 HR:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
Check List:
Fibo green
Last MACD ‘0’ up
Last EMA arrow down
Entry notes:
Full down trend on all charts. . Market hit the daily lower BB Friday. The H1 BB is showing a squeeze. The H2 BB is beginning to close. The daily SAR is attached at 118.252 along with both Divergences. All charts show both divergences attached with DB but only Daily and H2 has SAR rejoined with DB from the top. Fibo is positioned for the UP on all charts. The Daily is +100 pips from Purple. Daily white/smoothe has crossed. There is no Red news forecast.
The Daily hit on the lower BB Friday with DB,SAR, both divergences attached and all fibos green; all confluence for an up but the H2 is my trading chart. A parabolic flip is needed to consider a long for a reversal.
The H2 is my trading chart. 23.6 and 61.8 are heavy support/resistance on all charts. Trade only one way during this trend until one of the charts allows for trading both ways.
Projected Entry: Trade off resistance back into trend. Consider long on an H2 parabolic flip for the reversal.
No Red news forecast
Calendar Date 8.4.19 Sunday
Trading Date: 8.5.19 Monday
No Red News Forecast
Daily Open: 118.364
Previous Day High: 119.093
Previous Day Low: 118.252
Daily:
ROMAR – Resistance
EMA – Resistance previous day open below EMA
PSAR - Resistance
Check List:
Fibo Green near 0
Last MACD ‘0’ down
Last EMA arrow down
Last DB Attachment 118.252
Last SAR Attachment 118.252
Lower BB pointing down
Both Divergences attached at 118.252
Notes:
4 HR:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
BB opening wide top pointing down
Both Divergences attached 118.252
Check List
Fibo green near 0
Last DB Attachment 118.252
Last SAR Attachment 121.37
Notes:
2 HR:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
Check List:
Fibo is green near 0
Last MACD ‘0’ arrow up
Last EMA arrow down
Last DB Attachment 118.843
Last SAR Attachment 118.252
BB are open but beginning to close in
Both Divergences attached 118.252
Notes:
1 HR:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
Check List:
Fibo green
Last MACD ‘0’ up
Last EMA arrow down
Entry notes:
Full down trend on all charts. . Market hit the daily lower BB Friday. The H1 BB is showing a squeeze. The H2 BB is beginning to close. The daily SAR is attached at 118.252 along with both Divergences. All charts show both divergences attached with DB but only Daily and H2 has SAR rejoined with DB from the top. Fibo is positioned for the UP on all charts. The Daily is +100 pips from Purple. Daily white/smoothe has crossed. There is no Red news forecast.
The Daily hit on the lower BB Friday with DB,SAR, both divergences attached and all fibos green; all confluence for an up but the H2 is my trading chart. A parabolic flip is needed to consider a long for a reversal.
The H2 is my trading chart. 23.6 and 61.8 are heavy support/resistance on all charts. Trade only one way during this trend until one of the charts allows for trading both ways.
Projected Entry: Trade off resistance back into trend. Consider long on an H2 parabolic flip for the reversal.
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