christian.nammour

christian.nammour Updated 

1M Last few months price action has tried to break above the Monthly Resistance of 1.8500, failing to do so. Price dropped back towards the EMA where it was supported by this as the Weekly support level. 1W Last week we closed above the weekly resistance which has now turned support. This week we retested and rejected this support level. Clear HH and HL are...

christian.nammour Updated 

1M Last Month’s candle tested both the downwards facing EMA alongside weekly resistance at 126, then closed with a bearish engulfing, after rejecting of 124 support. 1W Price closed in between the downwards facing EMA’s, this week we have currently gone up to rest a key level at 125.640. 1D Awaiting the next higher low in the formation, I believe this...

christian.nammour

1M Last month we saw price pull up to the downwards facing EMA and reject it, this same candle also tested the 124 monthly support then closing as a bearish engulfing. 1W Last week’s candle closed with a doji indicating indecision, this tested same Monthly support level. EMA pointing downwards. 1D Today’s price action is rallied up towards the downwards...

christian.nammour Updated 

This was entered at the 4H close candle at 10am. 1M Last Month’s candle stick rejected a key monthly resistance level of 1.1450. EMA’s pointing downwards 1W Last week’s candle closed as a shooting star, which rejected both downwards facing EMA’s. 1D 4 days in a row, price has tested a key daily resistance level of 1.13939, which looks as if it gave way...

christian.nammour Updated 

1M Monthly level of 1.14500 is holding strong, last month closed as a doji. If price action stays where it currently is or lower a potential for a morning star could be formed. EMA pointing to the down side. 1W Last week’s bearish engulfing taking out multiple candles and rejected the weekly level, and closed below the downwards facing EMA’s. 1D...

christian.nammour Updated 

POSTED THIS LATE 1M Doji formed last month rejecting the monthly resistance of 1.1450. EMA pointing downwards 1W Downward pointing EMA’s on this time frame also helped push the price lower. Here we can see week after week price testing Monthly resistance. Last week we had a close retest of trend line before moving bearish 1D Daily fib zone has been...

christian.nammour Updated 

1M Last Month’s candle closed as a Bearish Engulfing, which tested the downwards facing EMA’s. Price was unable to close below key monthly support of 0.70500. 1W One this time frame we are seeing the EMA’s being tested by the price, gradually guiding the price down. Price rallied up towards resistance at 0.72250 and closed above the EMA’s followed by a close...

christian.nammour

1M Price action has breached Monthly support of 1.14500, this has now turned resistance. During the same time frame price moved away from the EMA too much, which is shown by last month and this month’s break of resistance and EMA retest. EMA to the downside. 1W Last week’s candle closes as a bearish engulfing and also completed the 3 pin formation which...

christian.nammour Updated 

1M A Bearish engulfing followed by last month’s massive shooting star candle which tested 2 major key levels and closed below them. WMA’s are pointing downwards pushing the price with it. 1W EMA is downwards facing. Last week’s candle tested the 142.500 key support and closed above it. 1D EMA’s have been tested by the price which then followed on with...

christian.nammour Updated 

1M Last month form a bearish engulfing while rejecting the 132.000 key level and breaking through 2 lower key levels. EMA’s are lagging on this time frame. 1W Past few weeks we have seen price pull up towards the downwards facing EMAs and rejecting. Last week’s candle form a 3 pin formation. 1D Today closed as a bearish engulfing while rejecting the...

christian.nammour Updated 

1M Last month’s price action rejected monthly resistance of 1.7500 a closed above 1.8000. The same candle tested the upwards facing EMA. 1W EMA’s are pointing towards the upside, with last week’s candle closing below 1.8000, as price got to far away from EMA’s. Price has now been pushed back above 18000. 1D Three inside up formation was formed on last...

christian.nammour Updated 

1M Morning Star formed at the weekly 1.82500 resistance level. Followed by a further bearish momentum to break 1.77500 and now we have broken 1.7500 support. EMA are lagging on this time frame. 1W Weekly lower low has been taken out and a new lower low have been established. EMA are pointing downwards. Last weeks close below 1.7500 proves we could be heading...

christian.nammour Updated 

1M Past few months gold has been very bearish, the lagging EMA’s are about to cross to the down side. Weekly level 1250.00 has been broken and next level should be tested at 1200.00. 1W The previous higher low has been taken out by price action, forming a lower low. EMA is pointing to the down side. 1D Today we have rallied up to test the downwards facing...

christian.nammour Updated 

1M Last Month’s Candle closed as a bearish engulfing after testing the EMA resistance. EMA also crossed to the down side. 1W 2 weeks ago we saw a hammer form at the bottom of the down trend, this was rejected by the monthly support level, forming a lower low. Followed by last week’s doji which tested the EMA resistance. EMA pointing downwards. 1D...

christian.nammour

1M Price rallied up to 1.42500 were it struggles to break past this key resistance level. Once the shooting star formed the following month we saw the bears take over. EMA are looking like they are going to cross if the momentum is kept (Lagging EMA). 1W Two weeks ago a bearish engulfing was formed which rejected the support 1.32500. This followed by some...

christian.nammour Updated 

1M Last few months have seen strong bearish movement, closing below 0.75750 support which has now turned resistance. EMA have crossed back over to the down side and taking out the previous higher low. 1W A shooting star formed which was help nicely by the downwards facing EMA. Last week’s candle closed with a bearish engulfing taking out 4 previous weeks...

christian.nammour Updated 

1M EMA pointing to the down side. Last 2 months candles are bearish. 1W EMA also pointing to the down side. Last Week’s candle closed as a bearish engulfing. 1D Price has been bullish today which has cause the price to test the downwards facing EMA. 4H EMA downwards facing. Price was pushed all the way back up to the weekly resistance level of...

christian.nammour Updated 

1M Last few months price has been testing the resistance level at 1.42500. Followed then by testing 1.40000. This month we have seen the bulls give way to the bears and push the price down below to key support lines. 1W EMA is downwards facing which is a good indication for more bearish momentum. Last week the candle stick broke a key support level of...