XT-Simple_Trading

XT-Simple_Trading

Weekly Chart: Extreme bullish candle and broke the wedge pattern Daily Chart: Friday - closed with a bullish candle 4-hour Chart: Bearish candle with rejection of high price at key resistance zone @ 1748 Watch out: There might be a retest around support zone 1722 or 1729-1735 Trade idea: Wait for price action signal to determine the long entry @ key...

XT-Simple_Trading Updated 

Weekly Chart: Bearish Pin Bar at key level around zone 2940 Daily Chart: Friday - opened with gap and closed with a strong bearish candle Watch out: There might be a retest at zone 2900-2940 Action: Wait to sell Stop Loss: Always set your SL I suggest that set SL orders around 2980

XT-Simple_Trading Updated 

Weekly Chart: Bearish pin bar with rejection of high price @ key level 1.067 Daily Chart: Friday - closed with a strong bearish candle Watch out: 1. There might be a retest at zone 1.067 Action: Wait to sell Stop Loss: Always set your SL I suggest that set SL orders around 1.076

XT-Simple_Trading

Weekly Chart: Bearish pin bar with rejection of high price @ key level 70 Daily Chart: Friday - closed with a strong bearish candle as a confirmation candle Watch out: 1. There might be a retest at zone 69.5-70 Action: Wait to sell Stop Loss: Always set your SL I suggest that set SL orders around 70.2

XT-Simple_Trading

Weekly Chart: Pin bar with rejection of high price @ key level 0.646 Daily Chart: Friday - closed with a strong bearish candle as a confirmation candle Watch out: 1. There might be a retest at zone 0.646 Action: Wait to sell Stop Loss: Always set your SL I suggest that set SL orders around 0.657

XT-Simple_Trading

Weekly Chart: Bullish Pin Bar reacted nicely at key support around zone 1.658 Daily Chart: Friday - closed with a strong bullish Watch out: 1. There might be a retest at zone 1.7 Action: Wait to buy Stop Loss: Always set your SL I suggest that set SL orders around 1.653

XT-Simple_Trading

Weekly Chart: Bullish Pin Bar reacted nicely at key support around zone 1.513 Daily Chart: Friday - closed with a strong bullish candle and closed above 1.545 Watch out: 1. There might be a retest at zone 1.544x Action: Wait to buy Stop Loss: Always set your SL I suggest that set SL orders around 1.505

XT-Simple_Trading Updated 

Weekly Chart : Bearish candle (Weekly inside bar) => The Bull need to get some rest Daily Chart : Friday closed with a small bullish candle with rejection of high price. But the key candle for me was the one on 25th July 2019, which was a false break set up and strong rejection from high price. Watch out : 1. There might be a retest at zone 1422-1430 2....

XT-Simple_Trading

Looking back my post on 15th June 2019 : We had another great week with Gold. From the chart we can see that it went back to 1334 before rallying to 1410 and reached 5-year all-time high. I mentioned in my previous post “If gold could break and hold above key level at 1357 then it is likely to reach our new target at 1375” Gold actually even went higher than...

XT-Simple_Trading

Looking back my post on 10th June 2019 : We had a great week with Gold. It went exactly as my analysis. My two orders at 1323 and 1328 have been filled and reached the target at 1357. So now what’s the plan for this week? Weekly Chart : A big doji with rejection of low price at 1320 and high price at 1357 Daily Chart : An extremely bearish rejection candle...

XT-Simple_Trading

Weekly Chart : Bearish engulfing pattern Daily Chart : Extremely bearish candle Watch out : 1. There might be a retest around zone 1.337 Action : 1. Waiting for correction to determine the right entry to join the Bear 2. Our target 1.312 Stop Loss : Always set your SL

XT-Simple_Trading

Looking back my post last week (1st June 2019) : We had a great week with Gold. Gold has hit all of our targets at 1323 and 1340 Weekly Chart : A strong bullish candle Daily Chart : Bullish candle with rejection of high price right at the down trend line since July 2016. Watch out : 1. There might be a retest at zone 1320-1328 before going up Action : 1....

XT-Simple_Trading

Weekly Chart: Strong bullish candle work as a confirmation candle. Daily Chart: Strong bullish candle broke the down-trend line since 19 Feb. 2019 Watch out: 1. Long term down-trend line since Aug. 2011 might act as a strong resistance 2. There might be a retest around zone 1300 Action: 1. Join the Bulls 2. First target around zone 1323 3. Second...

XT-Simple_Trading

Weekly Chart : Bullish engulfing pattern Daily Chart : Bullish candle broken the long term down trend line since Sep. 2015 Watch out : 1. Price might go back to retest zone 1,965-1.973 2. First resistance @ around zone 2 3. Price might go back to retest broken trend Action : Wait to join the Bulls Stop Loss : Always set your SL

XT-Simple_Trading

Weekly Chart : Bullish candle act as confirmation Daily Chart : Bullish candle broken the long term down trend line since Aug. 2018 Watch out : 1. First resistance might be around zone 1.9 2. Price might go back to retest broken trend Action : Wait to join the Bulls Stop Loss : Always set your SL

XT-Simple_Trading

Weekly Chart : Bullish candle broke the range 77.8-79.82 Daily Chart : Friday closed with a strong bullish candle Watch out : 1. Downtrend is still intact 2. First resistance might be around zone 80.6 3. Second resistance might be the downtrend line since Jan. 2018 4. Price might go back to retest zone 79.82 5. Strongest resistance will be long term downtrend...

XT-Simple_Trading

Weekly Chart : Bullish candle broke the down-trend line since Jan. 2018 Daily Chart : Friday closed with a bullish engulfing candle Watch out : 1. Downtrend is still intact 2. First resistance might be around zone 0.724 3. Second resistance might be around zone 0.733 4. Price might go back to retest zone 0.713-0.716 5. Strongest resistance will be long term...

XT-Simple_Trading

Weekly Chart : A bearish pin bar with rejection of high price Daily Chart : Friday closed with a bearish candle Watch out : 1. First support might be around zone 1279-1287 2. Price might go back to retest zone 1294-1299 3. Strong support will be long term up trend since Aug. 2018 Action : Join the Bears Stop Loss Always set your SL