XT-Simple_Trading

XT-Simple_Trading

Weekly Chart: Reversal Pattern has been formed with confirmation Daily Chart: Prices have reacted nicely with trendline. I suggest a long position with a Stop Loss @ 2.37

XT-Simple_Trading Updated 

Reversal Pattern has been formed with confirmation on weekly chart at key resistance level @ 1024 I suggest a short position with a Stop Loss @ 1034

XT-Simple_Trading Updated 

AAPL is in its correction stage. But uptrend is still intact. I am going to see the markets react with a demand zone at about 156 (around 23.6% Fibonacci) next week and waiting for price action before joining the bulls. I am a long-term investor. So, I will place a Stop Loss below 134 (50% Fibonacci)

XT-Simple_Trading Updated 

V is in its correction stage. Bearish Engulfing Pattern on weekly chart. Uptrend is still intact. I am going to see the markets react with a demand zone at about 115 (around 23.6% Fibonacci) to next week and waiting for price action before going long. I am a long-term investor. So, I will place a Stop Loss below 106 (38.2% Fibonacci)

XT-Simple_Trading

Bearish Engulfing Pattern on weekly chart at key resistance level @ 0.80975 I suggest a short position with a Stop Loss @ 0.814

XT-Simple_Trading

I saw a rejection of high price at key resistance level @ 0.73804 on weekly chart I suggest a short position with a Stop Loss at 0.744

XT-Simple_Trading Updated 

4 weeks in a row NZDJPY couldn’t broke 81.568. It has been rejected three times (see the weekly chart). On daily chart the candle went under the downtrend line with rejection of high price. I’m on the bearish side for this order.

XT-Simple_Trading Updated 

4 weeks in a row AUDJPY couldn’t broke 89.015. It has been rejected three times (see the weekly chart). I’m on the bearish side for this order.

XT-Simple_Trading Updated 

After almost 7 weeks in a row on rallied from around 1238 to 1365 then the bulls showed a bit tired last weekend. We can see the rejection candle pretty clear on daily chart when the price of Gold has gone above all time high from 2017 (1357.37) and below all time high from 2016 (1374.70). I’m going to wait for it react with 1325-1344 before joining the bears.

XT-Simple_Trading

ETHUSD retesting Zone 1100-1160 & 987-1094 ETHUSD has reacted @ 1260 (50% Fibonacci). It went back to retest the zone 1100-1160. I think it is trying to form a higher low. If we had a new higher low here (as long as it is above 987) then we going to have a new up-trend line. I’m going to wait for price action at this zone to long on ETHUSD if it goes as my...

XT-Simple_Trading

XRPUSD still bouncing in between the range 1.134x – 1.412x. I’m going to wait for it react with 1.412x and 1.6 (strong resistance level). On the downside, we have a demand zone 0.855-1.126. And the bulls created a strong support level around 0.9. I don’t see any tradeable setup. So, I think we should stand aside at this time.

XT-Simple_Trading Updated 

Over the last three days, the bulls are defending the $10,000-11,000 levels. Reversal Pattern has been form yesterday with confirmation. This is the good time to Buy BTCUSD if it breakouts short-term down trend and the bulls can hold the price around $11,700-11,900. I think you should allocate just about 50% of your capital for this order. Because if Bitcoin goes...