March 6th, 2019 EUR/JPY.
Session: London
Red News: none
Daily
Romar: Support
EMA: Support
Parabolic: Support
Fibs: Red
EMA last arrow: UP, MACD: UP
Note: White Purple is crossing for the down. And SAR is showing at the bottom of the current candle.
H4
Romar: Resistance
EMA: Resistance
Parabolic: Resistance
Fibs: Red
Note: The last DB/SAR with both Divergence showing are connected at the bottom at Romar / '61.8'. And the 4 horsemen are pointing for the down.
H2
Romar: Resistance
EMA: Resistance
Parabolic: Resistance
Fibs: Green
EMA last arrow: DOWN, MACD: DOWN
Note: The market is currently at the bottom of the green Fibo '0', with DB/SAR and both Divergence attach. Also 4 horsemen are pointing for the and Romar EMA is crossing for the down.
H1
Romar: Resistance
EMA: Resistance
Parabolic: Resistance
Fibs: Green
Note: H1 is in sync with H2, but White Purple has crossed for the up.
Final note: The market is currently in consolidation making the Fibos on the charts different. The Daily White Purple is crossing for the down with the SAR is showing at the bottom, and the market is currently around H4 Romar / '61.8' support. Also H2 H4 are showing the same DB/SAR with both Divergence connection at the bottom.
Projected entry:
Look to go long if H2 shows a reversal with confluence.
Could also look to go short at resistance if EMA shows a slider, and if there is enough room for the TP before a support.
Session: London
Red News: none
Daily
Romar: Support
EMA: Support
Parabolic: Support
Fibs: Red
EMA last arrow: UP, MACD: UP
Note: White Purple is crossing for the down. And SAR is showing at the bottom of the current candle.
H4
Romar: Resistance
EMA: Resistance
Parabolic: Resistance
Fibs: Red
Note: The last DB/SAR with both Divergence showing are connected at the bottom at Romar / '61.8'. And the 4 horsemen are pointing for the down.
H2
Romar: Resistance
EMA: Resistance
Parabolic: Resistance
Fibs: Green
EMA last arrow: DOWN, MACD: DOWN
Note: The market is currently at the bottom of the green Fibo '0', with DB/SAR and both Divergence attach. Also 4 horsemen are pointing for the and Romar EMA is crossing for the down.
H1
Romar: Resistance
EMA: Resistance
Parabolic: Resistance
Fibs: Green
Note: H1 is in sync with H2, but White Purple has crossed for the up.
Final note: The market is currently in consolidation making the Fibos on the charts different. The Daily White Purple is crossing for the down with the SAR is showing at the bottom, and the market is currently around H4 Romar / '61.8' support. Also H2 H4 are showing the same DB/SAR with both Divergence connection at the bottom.
Projected entry:
Look to go long if H2 shows a reversal with confluence.
Could also look to go short at resistance if EMA shows a slider, and if there is enough room for the TP before a support.
Trend Support/Resistance