XT-Simple_Trading

XT-Simple_Trading

Weekly Chart: Bearish Engulfing Pattern Daily Chart: Friday closed with a pin bar with rejection of high price but still closed above 112.6 Watch out: 1. There might be a retest around zone 112.9 2. First support might be 112.6 3. Second support might be 112 Action: Waiting for a retest and price action pattern to determine a short entry @ area around...

XT-Simple_Trading

Weekly Chart: Bearish Engulfing Pattern cover the last two previous pin bars. Daily Chart: Friday closed with a bearish candle Watch out: 1. There might be a retest @ area around 0.992-0.996 2. First support might be @ 0.987 Action: Waiting for a retest and price action pattern to determine a short entry @ area around zone 0.992-0.996

XT-Simple_Trading

Weekly Chart: Bullish Engulfing Pattern with rejection of low price at key level 1.537 Daily Chart: Friday closed with a bullish candle with rejection of high price but still broke out the short-term downtrend line since 11 Oct. 2018 Watch out: 1. There might be a retest @ area around 1.57 2. Long-term uptrend line since 20 Feb 2017 might act as a...

XT-Simple_Trading

Weekly Chart: Bearish Engulfing Pattern with rejection of high price at key level 0.733 Daily Chart: Friday closed below 0.724 with a bearish candle Watch out: There might be a retest @ area around 0.724 Action: Waiting for a pullback and price action pattern to determine a short entry @ area around 0.724

XT-Simple_Trading

Weekly Chart: Extremely Bearish Candle and broke the long-term uptrend line since 6th April 2015 Daily Chart: Friday closed with a bearish candle. Watch out: There might be a retest the long-term uptrend line since 6th April 2015 Action: Waiting for a pullback and price action pattern to determine a short entry @ area near this long-term uptrend line.

XT-Simple_Trading

Weekly Chart: Bearish Engulfing Candle with rejection of key level 83.8 Daily Chart: Friday closed below 81.925 with a bearish candle. Watch out: There might be a retest @ zone 81.5-81.925 Action: Wait for a pullback @ this zone to join the Bears

XT-Simple_Trading Updated 

Looking back: I mentioned about XAUUSD in my post last week about waiting for a price action pattern to determine an entry @ zone 1217-1227. The price of Gold actually went back to 1212 before plotting big move to 1233 in only one day. Weekly Chart: Bullish pin bar with rejection of low price @ zone 1212-1216 Daily Chart: Friday closed with a small Doji. ...

XT-Simple_Trading

Weekly Chart: Bullish engulfing pattern Daily Chart: Friday closed with another bullish engulfing pattern Watch out: 1. There might be a retest at daily demand zone around 112.66-113.1 3. Zone around 113.39 might be the 1st resistance 4. Zone around 114.5 might be 2nd resistance Action: Join the Bulls around daily demand zone with SL set @ 112.4

XT-Simple_Trading Updated 

Weekly Chart: Bearish Candle with rejection of low price. Daily Chart: Friday closed with a bearish candle with rejection of low price but still closed below the up-trend line since 26 Mar 2018. Watch out: 1. Price might go back to retest zone @ 112-112.2 2. Price might go back to retest the up-trend line since 26 Mar 2018. 3. 111.4 might be support zone ...

XT-Simple_Trading

Weekly Chart: Bullish engulfing pattern broke the long term down channel since 12 Feb 2018 Daily Chart: Friday closed with a bearish pin bar (rejection of high price at critical level 0.669 Watch out: 1. There might be a retest the broken down channel 2. There might be a retest at weekly demand zone around 0.66 3. Zone around 0.669 might be the 1st...

XT-Simple_Trading

Weekly Chart: Bullish engulfing pattern Daily Chart: Friday closed with a small bullish candle Watch out: 1. Long-term down trend line since 12 Mar 2018 still intact. 2. There might be a retest at weekly demand zone around 0.865 3. Zone around 0.88 might be a resistance Action: Join the Bulls around 0.865 with SL set @ 0.846

XT-Simple_Trading

Weekly Chart: Bullish candle reacted nicely with support @ 143.2 Daily Chart: Friday closed with a small bullish candle (rejection of high price) Watch out: 1. Long-term down trend line since 29th Jan 2018 still intact. 2. Zone around 147.6 might be 1st resistance 3. Zone around 149.4 might be 2nd resistance Action: Join the Bulls around 146 with SL...

XT-Simple_Trading

Weekly Chart: Bullish candle with rejection of high price Daily Chart: Friday closed with a bullish candle (rejection of high price @ 86.569) Watch out: 1. Zone around 86.569 might be the 1st resistance 2. Zone around 87.4 might be 2nd resistance Action: Join the Bulls around 86.24 with SL set @ 85.6

XT-Simple_Trading

Weekly Chart: Bullish candle with rejection of high price but broke the long term down trend line since 22nd Jan 2018. Daily Chart: Friday closed with a bearish pin bar (rejection of high price @ 0.724) Watch out: 1. There might be a retest the broken trend 2. Zone around 0.724 might be the 1st resistance 3. Zone around 0.733 might be 2nd resistance ...

XT-Simple_Trading

Looking back: I mentioned about XAUUSD in my post on 13th Oct. 2018 for week from 15th-19th Oct. 2018 about trailing or moving SL to protect profit. My SL has triggered automatically with handsome profit. Weekly Chart: Bullish candle with rejection of low price @ zone 1217-1227 and high price @ zone 1243-1246 Daily Chart: Friday closed with a bearish pin...

XT-Simple_Trading

Looking back: I mentioned about XAUUSD in my post few weeks ago and the latest one last week about the accumulation. And we experienced a strong move of Gold last week as a reward for patience of holding my long orders have been filled in zone 1190-1200 Weekly Chart: Bullish candle with rejection of low price and high price and broke the mid-term down trend...

XT-Simple_Trading Updated 

Weekly Chart: Bullish candle Daily Chart: Friday closed with a bullish candle Watch out: 1. Price might go back to retest zone 113.2 2. Resistance at 114.144 Action: Wait to join the Bulls

XT-Simple_Trading Updated 

Weekly Chart: Bullish candle with rejection of low prices Daily Chart: Friday closed with strong bullish candle Watch out: 1. Price might go back to zone 87.4 2. Approach a falling wedge since December 2014 Action: Keep holding long positions since last week