XT-Simple_Trading

XT-Simple_Trading

Looking back: I mentioned about XAUUSD almost approaching long-term trend line since June 2006 in my post few weeks ago (20th July 2018) Weekly Chart: Bullish candle considers as confirmation for reaction with the long-term trend line since June 2006 Daily Chart: Friday closed nicely with a bullish candle and broke the short-term trend line since 14th June...

XT-Simple_Trading Updated 

Weekly Chart: Bearish pin bar with rejection from high price at key level 1.762 Daily Chart: Closed with a bearish candle Watch out: 1.73 might be a temporary support Action: Join the Bears

XT-Simple_Trading

Weekly Chart: Bullish Engulfing Pattern reacted nicely at demand zone 1.287-1.297 Daily Chart: Friday closed with a strong bullish candle. Watch out: There might be a resistance as price is about to approach the short-term down trend line since 27th June 2018. Action: Wait to join the Bulls

XT-Simple_Trading

Weekly Chart: Extreme bearish candle Daily Chart: Friday closed below key level @ 0.868 as I mentioned last week Watch out: There might be a retest @ 0.868 before going down. Action: Keep holding your short position & Move your SL to protect profit.

XT-Simple_Trading

Weekly Chart: 1. Bearish candle 2. Retested the uptrend line since Dec 2016 as I mentioned last week Daily Chart: Closed below key level 1.155 Watch out: There might be a retest around 1.155 before keeping going down. Action: Keep holding your short orders from last week.

XT-Simple_Trading

Weekly Chart: Bearish candle with rejection from key resistance 129. Daily Chart: Bearish candle closed below the down trend line since Feb 2018. Watch out: 1. There might be a retest the down trend line since Feb 2018 before continuing going down. 2. Price is about to approach demand 122.6-125.88 Action: Wait to join the Bears

XT-Simple_Trading

Weekly Chart: Bearish candle with rejection from high price. Daily Chart: Closed below key level @ 0.733, after few weeks going in a range from 0.733-0.748 Watch out: It might be going back to test key level 0.733 before continuing going down. Action: Wait to join the Bears.

XT-Simple_Trading

Weekly Chart: Bearish candle Daily Chart: Friday closed with a doji. Watch out: There might be a retest @ zone 0.676-0.68 again before going down. Action: Wait to join the Bears

XT-Simple_Trading

Weekly Chart: Bearish candle with rejection of high price act as confirmation candle. Daily Chart: Friday closed with a bearish candle and closed below the uptrend line since Oct 2016. Watch out: There might be a retest the uptrend line since Oct 2016 before keeping going down. Action: Wait to join the bears

XT-Simple_Trading

Weekly Chart: Bearish candle with rejection of high price act as confirmation candle. Daily Chart: Friday closed with a bearish candle and closed below the uptrend line since Sep 2017. Watch out: There might be a retest the uptrend line since Sep 2017 before keeping going down. There might be a retest around 1.762 Action: Wait to join the bears

XT-Simple_Trading

Weekly Chart: Bearish candle with rejection of high price act as confirmation candle. Daily Chart: Friday closed with a bearish candle and closed below the uptrend line since Dec 2016. Watch out: 1. There might be a retest the uptrend line since Dec 2016 before keeping going down. 2. 1.155 might be the first support Action: Wait to join the bears

XT-Simple_Trading

Weekly Chart: Bearish candle with rejection of high price. Daily Chart: Bearish candle closed below 129 Watch out: Down trend line since Feb 2018 might be acting as a support. There might be a retest @ 129 before going down Action: Wait to join the bears

XT-Simple_Trading Updated 

Weekly Chart: Bearish engulfing pattern (Remember that the last 3 weeks the price just bouncing in the range around 0.887-0.987) Daily Chart: Daily closed below the lowest price the last 2 weeks Watch out: 0.868 might be support Action: Wait to join the bears

XT-Simple_Trading Updated 

Weekly Chart: Bearish candle (Remember that the last 3 weeks the price just bouncing in the range from 1.53-1.5466) Daily Chart: Daily closed below key level @ 1.536 Watch out: 1.494 might be support Action: Wait to join the bears

XT-Simple_Trading

Weekly Chart: Bullish candle (with rejection of high price) but for me it still consider as a confirmation candle Daily Chart: Closed below 85.74 Watch out: 85.74 is the first key resistance Action: I will go long if the price closed above 85.74

XT-Simple_Trading

Weekly Chart: Bullish pin bar candle Daily Chart: Marubozu candle Watch out: 1. Long-term down trend line since Feb 2011 2. 1.098 might be the first resistance Action: I will go long if the markets breakout @ 1.098 & long-term down trend line.

XT-Simple_Trading Updated 

Weekly Chart: It is still considered a bullish candle, but the range of price movement could not compare to the previous two weeks. The price was approaching the blue long-term neck line from Dec 2011. The market was trying to tell me that be careful at this point. Daily Chart: Friday closed with a bearish candle. For me, it acted as a confirmation candle...

XT-Simple_Trading

Weekly Chart: It still considered a bearish candle, but the tail of the candle got my attention. This is the longest tail since April 2018 showing that the bulls fought back strongly at this point. One more thing is that the price is approaching the strong support around @ 1210 and almost close to really long long-term up trend line since June 2006. So, I am not...