HumphreyNR

HumphreyNR Updated 

1. Price has broken the inside bullish trendline and is retesting it 2. Head and Shoulder has been formed, and price has retraced into the 0.5 fib level in the H&S structure 3. H1 Stochastic is in Oversold region and has divergence If price is rejected by the H1 Kumo cloud and closes bearish, I will take a short position with half lot. I will add another half lot...

HumphreyNR Updated 

Price is at a Weekly Resistance Zone, and has been rejected initially.... With 1) H1 & D1 Stochastics in overbought zones, 2) H1 has a bearish cloud future and 3) H1 Tekan-sen/Kijun-sen bearish cross over I am looking to short if the Current H1 candle is rejected by the kumo cloud SL = 54.75 above H4 Tekan-sen TP1 = 53.75 (around H4 Kijun-sen level) TP2 =...

HumphreyNR Updated 

EURGBP has broken out of the Kumo cloud on H4. With Chikou Span above the cloud and Tekan above the Kijun, the pair looks bullish now. However, the pair is also at the trendline level, and RSI is at overbought zone, indicating a potential sell... If the pair breaks the trendline and candle closes above the trendline, I will long. SL will be around 0.8440 and TP...

HumphreyNR Updated 

This pair has been ranging in H4 since December 2016. I will buy now with the long term in view. If price reaches my TP1 (around 1.3990 price area), I will close half of the position, put SL at break-even, and hold for the long term target around 1.4270 area. All the best, traders.

HumphreyNR Updated 

This pair seems to be creating a Flag Pattern on the Daily Chart (See chart below). In the flag, I see a bullish opportunity in an ABCD pattern. Price has broken out of the 60 min downward trendline, and has retested the trendline again at the 0.618 fib area of the retracement. I take a buy now in the short term with target around 114.2 area. If price reaches...

HumphreyNR Updated 

I see a Gartley Selling opportunity on this pair with.... 1. Price rejection at point D, which also forms part of the weekly resistance zone 2. RSI in overbought zone Trade with care, and use good money management. Your likes, comments and ideas are welcome.... :D Thanks

HumphreyNR Updated 

The pair has been in a range for almost a month now, and price seems to be rejected at the top (resistance zone) again. With RSI divergence & in overbought zone, and price rejection at the resistance zone, I look to short with SL a little above the 0.5 fib area (See D1 chart). Trade with care, and wishing you a happy green pips week... :D

HumphreyNR

AUDCHF looks ready to fall with 1. Price reaching the 0.618 fib area 2. Price is at a long term support zone turned into a resistance zone 3. RSI within overbought levels in W1, D1, H4 and H1 charts Looking at selling now on H1 with SL above 0.785 price area and TP levels at 0.749, 0.727 and 0.7. This is a long term trade so trade management and lot size should...

HumphreyNR Updated 

The pair retested the Ichimoku cloud, and I will look to buy 1. If the Daily candle closes above the cloud 2. If price breaks the 0.5 Fib area, and 3. The Awesome Oscillator moves into positive and is green in colour Use good money management. Trade with care. Your comments and likes are appreciated... :D

HumphreyNR Updated 

1. USDJPY shows a potential Gartley completion at 0.786 Fib (108.6 price zone). 2. RSI is overbought and developing a potential divergence. I will monitor price action at 108.60 area on the 1H timeframe for a possible sell. Your likes and comments are welcome :D. Trade with care, and all the best, traders.

HumphreyNR

1. Price has obeyed trendline, with a double buttom on the trendline 2. RSI is oversold 3. good Risk-Reward ratio Plan your trade and trade with care.

HumphreyNR

All the best and trade with care, traders.

HumphreyNR

1. Symmetrical triangle formation signaling a possibility of downward trend continuation 2. Double top formed on 1H at the 0.5 fib (17.057) 3. The 0.618 fib (17.162) has been a support level in October and could prove to be a good resistance level now. 3. Good Risk-reward ratio Looking to short if price breaks below the symmetrical triangle (below the 0.236...

HumphreyNR Updated 

1. Price is at previous resistance zone; 2. Divergence on RSI, and RSI is in oversold region 3. Good Risk-Reward ratio with SL a little below the 0.786 fib (a little below the inner bullish trendline) Your likes and comments are welcome. All the best traders, and do have a piptastic week... :D

HumphreyNR Updated 

Hi Traders, GOLD looks to be setting up for a nice big move up, and I am keeping an eye on it due to the following 1. Price retested the falling trendline earlier on (1st week in October; around the 0.382 fibonacci zone), and has come to retest it again; 2. Price is within the 0.5 and 0.618 fib zones. This zone served as a strong support zone which could not be...

HumphreyNR Updated 

FOMC coming.... Trade with care.

HumphreyNR Updated 

1. Potential Gartley Pattern to be completed 2. RSI is overbought on Daily chart. (It is nearly oversold on the 240. As such another move up to finally complete the Gartley formation at 0.786 is possible) 3. Divergence on RSI (Daily) I will be looking at the price action at the 104.6 area. If it breaks the upward trendline, we could be in for some fall. If...

HumphreyNR Updated 

USDCHF has been in a channel since May. ABCD was completed at the 0.618 fib area of the December to May downward move. Price fall has started already and with RSI is oversold on the 240, there could be a little pull back into the resistance zone of the channel. There could be a shorting opportunity if price pulls back into the resistance zone, with SL above the...