Nour_Capital

Nour_Capital Updated 

Reason: 1. Prior consolidation before down move, shows hidden selling activities - sellers will be likely to defend their positions at this level 2. Prior support turned resistance after price successfully broken through as highlighted One concern is that the consolidation is not as much as we like, may see small reactions but let’s see how it goes. EP:...

Nour_Capital Updated 

Reason: 1. Prior consolidation before down move, shows strong hidden selling activities - sellers will be likely to defend their positions at this level 2. Prior support turned resistance after price successfully broken through as highlighted 3. EP is near open drive level Gap as highlighted in the chart was covered, thus we are willing to go ahead with this...

Nour_Capital Updated 

Reason: 1. Prior consolidation before down move, shows strong hidden selling activities - sellers will be likely to defend their positions at this level 2. Prior support turned resistance after price successfully broken through as highlighted 3. EP is near open drive level Gap as highlighted in the chart was covered, thus we are willing to go ahead with this...

Nour_Capital Updated 

Note: First setup of 0.7213 triggered as we are posting this article. Reason: 1. Prior consolidation before upmove, shows strong hidden buying activities - buyers will be likely to defend their positions at this level 2. Pinbar rejection of lower prices at the level - shows buyers had taken control before pushing the price even higher after accumulating enough...

Nour_Capital Updated 

A potential short set-up has been identified after a new low of 1.63298 printed on 5th Dec 2018. This pair has made a recent pullback of almost 700 pips and price has potentially reached a prior resistance zone of 1.7030. EMA 200 is also acting as another form of resistance. Big volumes are distributed at this zone as we approach the set-up having an idea that...