SixSigma replies to: The Paradox System

EURJPY Date: 01-02/07/18
News: High Impact USD news at 3pm gmt
Daily:
ROMAR –Resistance
EMA – Resistance and Support
PSAR – Support

Check List:
Last MACD 0 crossing: up
Last EMA Alert Arrow: up
Last DB Attachment: 129.458
Fibo up or down: green and up

Notes: 4hm are turned up, with purple currently about to cross ema up. Market shot up to daily Romar resistance, with db attaching with thistle tag and Magenta divergence. Psar flipped to support, with both ema and macd up arrows showing on the same bar.
4 HR:
ROMAR – Support
EMA – Support
PSAR – Support

Check List:
Last DB Attachment: top 129.458
Fibo up or down: Red and down
Notes: 4hm turned up, with ema crossed romar for the consolidated uptrend. Market made a high of 129.458, with both divergences attached and magenta price tag. Fibo flipped down.

2 HR:
OPEN PRICE –
ROMAR – Support
EMA -Support
PSAR – Support

Check List:
Last MACD 0 crossing: up
Last EMA Alert Arrow: up
Last DB Attachment: top, 129.458
Fibo up or down: red and down

Notes:4hm are up, with market making the high of 129.458, again with both divergences and magenta tag. Market showing a decrease in the upward momentum with purple/white starting to slide, market opening below white, then purple holding resistance at market close on Friday.

1 HR:
ROMAR – Support
EMA – Support
PSAR – Support

Check List
Last MACD 0 crossing: up, miniscule bar
Last EMA Alert Arrow: up
Fibo up or down: red and down with Fridays final candle opening below smooth. Macd bars gradually becoming smaller, with fibo red.

Notes: 4hm are turned up,

Final Notes for all three charts: h1 up, h2 up, h4 up, daily turning up. We are still however in consolidation because of Daily Romar down. Market reached Daily romar resistance, causing h1,h2 and h4 fibos to turned for the down. There is around 130 pips between romar and purple on the daily. We have divergences attached on h2 and h4 and daily for the confluence at romar resistance, for the turn back down with all fibos red except daily.

Entry:
Consolidation: Depending on market open , will look to get an early short for the retracement down after the high. If there is a big gap up, will wait for the new daily candle to make a decision. If there if a gap down, I will wait for an entry at resistance after a possible retrace up.

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