Rhnmrks

Rhnmrks

EUR/USD Weekly Analysis: Bearish Outlook for the Week Ahead For the upcoming week, my outlook on EUR/USD remains bearish. The current price action is showing a downward momentum, confirmed by the RSI indicator. However, caution is warranted as the RSI is still above the 50 level, suggesting that we are not yet entirely in a bearish territory and buyers may still...

Rhnmrks

📈 Weekly Trading Recap 📈 Hey everyone! This week, we ended on a positive note with a solid profit of $1,694.54! 💰📊 Despite our analysis from August 2, 2024, not playing out exactly as planned, we navigated the bearish market effectively. Although we didn’t hit our target of 1.08238, we still capitalized on the market trends and made some great gains. Stay tuned...

Rhnmrks

📈 EUR/USD Long Trade Update 🚀 Hey traders! Quick update on our EUR/USD long trade: 🔹 Current Profit: +$227.82 💰 🔹 Active Trade: Currently up +$137.24 📈 🔹 Trade Direction: Long 🔹 Take Profit 1: Already hit! 🎯 🔹 Next Target: Aiming for Take Profit 2 at 1.09305 📍 Why We're Bullish: RSI Momentum: Strong bullish momentum across all timeframes (4HR, 30M, 5M)....

Rhnmrks Updated 

🚀 EURUSD LONG POSITION UPDATE 🚀 📈 Current Status: We are currently sitting at over $400 in profit on our EURUSD long position! 🔍 Entry Points: First Entry: 1.09154 Second Entry: 1.09522 🎯 Target: High volume area at 1.09520 🔄 Momentum: Strong upside momentum across all timeframes with RSI indicating continued bullish strength. 📊 Strategy: We are keeping an...

Rhnmrks

🚀 EUR/USD Long Position Idea 🚀 Hey traders! 👋 I've got a long position setup for EUR/USD that I think could be interesting. Here's the breakdown: 🔹 Current Momentum: On the 4HR timeframe, momentum is currently down. However, we are still above the 50 line on the RSI, indicating that we might see some bullish reversal. 🔹 Entry Point: Looking for a lower time...

Rhnmrks

🚀 Trading Update: EUR/USD Short Position 🚀 Just entered a short position on EUR/USD at 1.09128! 📉 Here’s why: 🔍 Volume Profile Insight: The previous daily volume profile shows a P shape, indicating a possible bearish trend. 📈 MACD Signal: We've had a cross in MACD on the hourly chart, which supports the downward momentum. 📊 Volume Profile POC: We’re currently...

Rhnmrks

Hey traders! As we head into next week, my outlook for EURUSD is bearish, driven by recent market dynamics and key technical indicators. Here's a breakdown of the analysis: 🔹 News Impact: The recent impulsive move in EURUSD, sparked by the Non-Farm Payroll (NFP) and Unemployment Rate reports, suggests a bearish trend could continue. The data has had a...

Rhnmrks

As we head into next week, I’m maintaining a bearish stance on the EUR/USD pair based on several technical indicators: MACD Analysis: The MACD remains firmly below the zero line, indicating a continuation of bearish momentum. This trend suggests that the downward pressure is likely to persist. Price Rejection at 1.08641: The market has repeatedly failed to break...

Rhnmrks

Looking ahead to next week, I am bearish on the EUR/USD market. The MACD is currently positioned below the zero line, signaling downward momentum, although we have seen a MACD cross that suggests a potential entry point for a short position. Additionally, the price closed below the Point of Control (POC) for the previous week, reinforcing a bearish...

Rhnmrks

USDJPY Long 2024-02-26 We currently have Overlapping higher Value area. Previous Day MP both shows Poor High and Low, But Poor Low already rejected by First Day Sell Excess. Price inside Value but above POC May Indicate that buyers are in control. Mometum still short buy could only be a pull back as we have a huge Long Momentum ending at 0.054 Waiting For...

Rhnmrks Updated 

USDJPY Long 2024-02-26 Previous Day MP show a Poor High - might break area once revisted. Also show a Single Prints showing us excess where means sellers thinks price is too low, this ending the market auction correctly. Current day price open above previous day MP POC and VP POC Current pull back is at Fibs 61.80% Waiting to enter as current MP Showing a...

Rhnmrks Updated 

USDJPY SHORT 2024-02-21 Previous day market profile shows Bottom heavy distribution which can be interpret as market revearsal. Price rejected VWAP #3 BB Current day Market Profile show us a great excess and fixed prev day highs.

Rhnmrks

USDJPY SHORT - Price retraced back to 50% Fibs level - Price Rejected Previous Day VAL and the Low VNode. - Currently on short momentum which is below Zero line\ - We also have low buying volume thus gave us another confirmation.

Rhnmrks

USDJPY SHORT Market is forming a bearish divergence. Price closed below the poc, thus another information of short possibilities.

Rhnmrks

Momentum currently showing sign of slowing down, thus showing as a bearish divergence. Weekly Profile also shows that we are currently below the previous week POC, thus another confirmation of down trend for the upcoming days.

Rhnmrks

USDJPY SHORT 06/14/2023 Price rejected the close for the daily candle. Aiming for the market equilibriu which is at 139.793 Which align at the previous day Value Area Low. So there is a high chance of retesting that level.

Rhnmrks

USDJPY SHORT 06/13/2023 Price is currently below supply zone. Huge support level that market msy want to retest at 139.656. Aiming for that market equilibrium 139.656

Rhnmrks Updated 

USDJPY SHORT 06/12/2023 Price currently above the supply zone still waiting for a enter confirmation. Hoping to enter short at 139.689. Targeting the market equilibrium at 139.420. High chance of price going down as market equilibrium aligns with VAL of previous day and monthly supply zone.