


Miss_GoldFinger
EssentialPrice below EMA200 on M15 + Shooting Star + MACD bearish cross - Tokyo. Entered this trade a few hours ago during Tokyo session. Price finally broke through the EMA200 on M15 putting us into sell territory. A shooting star had been printed and the MACD produced a bearish cross. As several of you noted, there’s a clean FVG stack below — I placed my TP at the end...
Price was going down but reacted hard off of the EMA200. RSI was coming up from a very low c.14% on M5. 3 down liquidity spikes in a row on M5. As soon as I got into the trade momentum got behind it. Great trade so far. Also once in, MACD crossed over bullish on M5.
So errors were made tonight, I haven't entirely been following my own trading plan. Back on track with this A+ setup however. RSI has been climbing back up, beautiful bullish engulfing candle was formed, and then MACD finally crossed back over to bullish. Also price bounced off the EMA200 on M15. 1:3. TP at edge of FVG.
Took this sell. RSI has been very low for a while coupled with MACD staying bearish, lines have been widening. Plenty of FVG below for TP. EMA200 about to breach. As soon as I entered the trade, candle started going green. So we shall see. Earlier analysis might have been right but I got in too early before (resulting in SL). We shall see...
RSI coming up from a low of c.20%, variation Morningstar candle pattern printed. With the MACD starting to turn a bit, not as much as I would like, but bearish histo bars getting smaller. Also if price is going to respect EMA 200 this is it. If not we will be looking for bears later. News still saying - record highs etc. Put TP at end of FVG. SL below...
RSI coming up out of recent RSI lows plus bullish MACD crossover for confirmation. Took a 1:4 going into blue sky territory. How far will she go today? Happy trading people.
Following earlier winning trade, I got back in on gold's bullish run. Confluences were RSI dip and Morningstar candle pattern. MACD is only lightly bearish, looks like it will flip back bullish again shortly which will provide further confirmation in due course. For educational purposes only, not financial advice.
Took this long during the Tokyo session (M15) after RSI dipped to 35 on XAUUSD. Waited for a bullish Morning Star to complete, then entered once MACD crossed bullish for extra confirmation. TP is set at 1:10, just below the high from two weeks ago. Sharing for educational purposes — not financial advice.