christian.nammour

christian.nammour Updated 

1 Month Morning Start has formed indicating a possible down trend. This morning star has also formed while testing the Monthly Resistance level of 0.7750. This level shows to have strong resistance. 1 Week The market has dropped back inside the trend line. proving that in fact there was a false breakout in the market. With a rejection of the 61.80 % Fib...

christian.nammour Updated 

1 Month Monthly key level has been tested a few times, showing a lot of rejection. 1 Week bulling engulfing at the same Monthly support level . 1 Day Lower highs have been formed and also rejection of the trend line . 4 Hour I have previously traded on this pair but got hit by news event which stopped me out. This time the market has formed a...

christian.nammour

1 Month Monthly key level has been tested a few times, showing a lot of rejection. 1 Week bulling engulfing at the same Monthly support level. 1 Day Lower highs have been formed and also rejection of the trend line. 4 Hour More Lower highs are being formed across the trend line, proving that it is a strong trend like to break. Last swing at...

christian.nammour

The previous bullish trend seems to be a temporary retracement. Market is now back i its normal bearish movement, returning back down to its normal position. The last 3-4 candle sticks have broken past the counter trend line to indicate that the market is going to keep pulling short. Projection to hit the 61.80% fib line and to carry on moving down to 78.60%.

christian.nammour

I have been watching this pear for a while now, and have noticed a downtrend on the 1M time frame. The markets keeps hitting the trend line and reversing showing a strong resistance on this trend. On the 1D time frame the same is happened a downwards trend line has occurred and the price keeps reversing at this resistance. 4H time frame the another lower high...

christian.nammour

Daily Chart is showing a bullish engulfing following by 3 white soldiers. on the 4 hour chart a Morning Star has been formed indicating a bulling trend. I have set my take profit at the last resistance line formed.

christian.nammour

Tested the Parallel trend line, and has now closed back in the parallel zone. A Three Inside up has also formed alongside this. At previous point when this Parallel line has been tested it has risen back up within this zone. Forming highers highs!

christian.nammour

Monthly market is on a bearish trend, last months candle closing as a hanging man. Daily charts is currently also showing a hanging man with yesterdays candle being engulfed (bearish) by todays. on 4 hour chart, a head and shoulders pattern has been formed, along side the EMA crossing over with the EM. Due to these 3 factors i predict a drop in the market.

christian.nammour

On the Daily chart the downtrend is steep with a bearish engulfing! On the 4 hour chart the downtrend is also equal to the 4 hour. Previous support shows that the trend should keep dropping till this next support line.

christian.nammour

I have been watching this pair for some time now, while it has been consolidating after a bullish trend. Now that the pair has closed above the rectangle resistance line, it will climb up. EMA is above the MA also at the time of trade.

christian.nammour

At this point in time, the down trend on this pair has formed a Evening Star. Indicating that a reversal is about to occur in the market. The Moving Averages are facing down support the down trent. I have placed the Take profit at the next Support line.