Reasons: 1. Prior consolidation before strong up move, shows hidden buying activities at this region – buyers will be likely to defend their positions at this level 2. Overall up trending on shorter timeframe - will only be keen to take long positions to go with the trend 3. Prior resistance turned support level at ep region Our Trade Setup will be: EP:...
Golden Agri-Resources Ltd (E5H) exhibits healthy volume during the up-move from the recent low at 0.225. As long as the zone is holding, price will look to retest the next resistance level at 0.31/0.345. A break below 0.26 will see price go back to the previous support zone at 0.245. Trade Set-up: EP: 0.280 TP: 0.345 SL: 0.255 Best Regards, Nour Capital -...
Looking for a short opportunity with price coming to a resistance zone at 1.95245. We have UK CPI later in the evening at 5.30pm SGT. Trade Idea: EP: 1.95245 SL: 1.980 TP: 1.91 Kindly note that we have a series of UK data this week. Disclaimer: The material (whether or not it states any opinions) is for educational purposes only, and does not take into...
Price has been supported at 144.85 with several attempts to break below in but bulls have come back to support the price at this zone. EMA 50 and 200 also coincide with the current support zone, another form of confluence on our bullish view. Trade Set-Up EP: 144.85 SL: 143.60 TP: 147.80 Best Regards, Nour Capital - Tracking Smart Money Flow Disclaimer: The...
Reasons: 1. Prior consolidation before strong down move, shows hidden selling activities at this region – sellers will be likely to defend their positions at this level 2. Overall downtrend – will only be keen to take short positions to go with the trend 3. Prior support turned resistance level from previous rejection area 4. Pin bar rejection of higher prices...
An long opportunity for GBPUSD with both EMA 50 and 200 signalling signs of a bullish trend developing. Price has been supported at 1.3020 level with price failing to close below in. Current price is approaching another support level at 1.3140 which was the prior resistance turned support zone. Trade Set-Up EP: 1.3140 SL: 1.2960 TP: 1.3550 Best Regards, Nour...
Holding at resistance zone - supply zone Classical resistance zone We are waiting for the short at a higher point. A short near 79.1 with a SL at 80.55 and TP at 76.05 is our ideal setup. Disclaimer: The material (whether or not it states any opinions) is for educational purposes only, and does not take into account your personal circumstances or objectives....
Entering back into the supply and congestion zone warrants a good short opportunity as it had shown a LH LL (Lower High Lower Low) structure. Besides the trend is bearish for now Waiting for a nice H4 candle to confirm the short at 82.8 If there is a nice candle, we can look to swing this to a new low. May the market be kind to us. Best Regards, Nour Capital -...
Reason: 1. Prior consolidation before strong down move, shows hidden selling activities at this region – sellers will be likely to defend their positions at this level 2. Overall downtrend – will only be keen to take short positions to go with the trend 3. Pinbar rejection of higher prices before down move near EP region Our Trade Setup will be: EP:...
Reasons: 1. Prior consolidation before strong down move, shows hidden selling activities at this region – sellers will be likely to defend their positions at this level 2. Overall downtrend – will only be keen to take short positions to go with the trend 3. Prior support turned resistance level from previous rejection area 4. Pinbar rejection of higher prices...
Trading in a tight range, pending breakout A retracement towards the supply zone, 50ema shall provide a low risk entry to short this pair to the next classical support We are seeing weakness in most EUR pairs. With the ongoing Brexit and current Eurozone crisis, we do not see EUR pairs doing as well. Any short term uptrend is likely to be faced with resistance...
Reasons: 1. Prior consolidation before strong down move, shows hidden selling activities at this region – sellers will be likely to defend their positions at this level 2. Overall downtrend – will only be keen to take short positions to go with the trend 3. Prior support turned resistance level from previous rejection area Our Trade Setup will be: EP:...
AUDUSD Currently in resistance but it is forming a higher low and higher high as such we are in view that this pair may want to retest the higher high before any swing confirmation. Thus for intraday long, we are planning the following: EP: 0.707 SL: 0.699 TP: 0.7165 As for the bigger swing perspective, we are seeing a possible 9mths swing towards the...
We have a series of high impact news this week with FOMC mins on Thursday morning SGT and a series of manufacturing PMI from France and Germany. We are looking to short this pair based on the following: 1) EMA pointing down which suggest downtrend still in tact 2) A support turned resistance zone at 1.1390 Trade Set-Up EP: 1.1346 SL: 1.1480 TP: 1.1216 A break...
Reasons: 1. Prior consolidation before strong up move, shows hidden buying activities at this region – buyers will be likely to defend their positions at this level 2. Overall up trending on shorter and longer time frame - will only be keen to take long positions to go with the trend 3. Prior resistance turned support level that coincides with EP level Our...
Reason: 1. Prior consolidation before strong down move, shows hidden selling activities at this region – sellers will be likely to defend their positions at this level 2. Overall downtrending – will only be keen to take short positions to go with the trend 3. Prior support turned resistance level from previous rejection area Our Trade Setup will be: EP:...
Note: Pls have proper risk management, or even go with smaller position sizing than usual due to Brexit uncertainties Reasons: 1. Prior consolidation before strong up move, shows hidden buying activities at this region – buyers will be likely to defend their positions at this level 2. Major Pinbar rejection candle at EP before uptrend move 3. Overall...
Reasons: 1. Prior consolidation before strong down move, shows hidden selling activities at this region – sellers will be likely to defend their positions at this level 2. Overall downtrending – will only be keen to take short positions to go with the trend 3. Prior support turned resistance level from previous rejection area Our Trade Setup will be: EP:...