MauroF07

MauroF07

Simple market structure. Price respected the HL, closed above the previous close. MACD buys

MauroF07

Price broke bullish trendline (orange line). Being in a currently downtrend and being in a resistance line, price retraced and start downtrend. My profit target is the -0.27 Fib weekly.

MauroF07

Target hit! On the 14/02/22 price retraced almost to fib level 0.382 and reached target of 25 pips. Today, 15/05/22 I will be looking for sells if price break structure, which in this case would be the previous HL and at the HH (daily time frame). If price break it should be a confluence with MACD and the price is also in a relevant resistance zone. Note:...

MauroF07 Updated 

Looking at the bigger timeframes (TF) Nasdaq looks like it broke the downtrend starting the movement to the upside. Confluences: 1- MACD giving buys signals 2- Moving averages about to cross to the up side (4H) 3- Price is currently at 0.38 fib level (daily) which for me indicates the end of retracement.

MauroF07

I will keep my bias on sells because on the following reasons: 1- Price is currently at Weekly Fib level 0.382, which is also a major resistance zone; 2- Double Top Pattern (4H); 3- 1 Engulfing bearish candle " (4H); 4- MA 18 and EMA 8 are crossing to the down side (4H); 5- MACD is losing strength and starting to give sell confirmation (4H). 6- On the Daily and...

MauroF07 Updated 

Simple bearish flag continuation pattern. After price break consolidation I will add more positions. Tp1 around 153.000 Tp2 around 150.000 Disclaimer : Price can react with news release, trade carefully and with proper risk management. I never risk more than 2% per trade.

MauroF07 Updated 

Gold is sitting in a support level. Confluence: 1- Uptrend channel 2- Support level 3- 30 level of RSI (buy) 4- Price have been rejecting along the area of 1800-1810 I'm buying and holding

MauroF07 Updated 

- If the price closes above 1.33515 and with a bullish candle confirmation, buy is activated. - If the price crosses 1.33515 we will be looking for a third touch on the trend line, which will indicate a end in the bearish trend and bullish trend most probably to happen.

MauroF07 Updated 

If the inverse head and shoulder is respected. Long position will be activated.

MauroF07 Updated 

Looking to short Nas. At the 1H TF, price in a downtrend., simply respecting Lower Lows and Lower Highs. At the Daily and 4H timeframes, price broke structure, which was the previous Higher Low. (Which was my reason for short)

MauroF07 Updated 

Sell continuation pattern Simple breakout and retest

MauroF07

Price retracing to 50% or 61% of fibonacci before continues the up trend

MauroF07

USING FIB TO LOOK AT THE ENTRY POINT.

MauroF07

Swing Strategy Testing

MauroF07

Head a shoulder pattern on the 4H chart.

MauroF07 Updated 

Gold will keep pushing up. W (double top pattern) on the Daily chart formed on the #0th and the price has already started its bullish movement since then. Indicators: ADX: on the 4H the bulls are gaining momentum MACD: In the 4H gave a buy signal Parabolic SAR: Buy signal on the 4H

MauroF07

New entry point for the long position. Entry point can be confirmed when bull gains strength to break the resistance point along 1765. If successful breakthrough happens, it the bulls will keep moving. TP1: 1786 TP2 (long term goal): 1800

MauroF07

We can see on the Daily chart that the price is at the bottom a flag, it can mean that on the lower timeframes there would be a trend reversal (price overall is a downtrend) so the price might starting to reverse. On the 4h chart we are waiting for a confirmation of a breakthrough of the the downtrend. Price tend to retrace before it continues the...