One of my favourite quotes as a trader βTrade smart not oftenβ - please write this down π«‘
Heading to the first trading day of the week,
Question is, will you wake up tomorrow determined with a plan or simply an excuse.
Your fate is in your own hands.
The time is now ππ
Question is, will you wake up tomorrow determined with a plan or simply an excuse.
Your fate is in your own hands.
The time is now ππ
π’ Gold Buy Setup (15M)
π Entry: 3356β3357 (Strong Demand Zone)
π Stoploss: 3352.50
π― Target: 3370β3372
π Price has shown repeated support at the demand zone. A short-term bounce is likely from here.
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π Entry: 3356β3357 (Strong Demand Zone)
π Stoploss: 3352.50
π― Target: 3370β3372
π Price has shown repeated support at the demand zone. A short-term bounce is likely from here.
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π΄ EUR/NZD Sell Setup (15M)
π Entry: 1.9535β1.9540 (Strong Supply Zone)
π Stoploss: 1.9572
π― Target: 1.9505β1.9510
π The price has touched the supply zone and is showing rejection. A short-term sell opportunity is being created from here.
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π Entry: 1.9535β1.9540 (Strong Supply Zone)
π Stoploss: 1.9572
π― Target: 1.9505β1.9510
π The price has touched the supply zone and is showing rejection. A short-term sell opportunity is being created from here.
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π’ GBP/JPY Buy Setup (2H Chart Analysis)
π Pattern: Falling Wedge forming
π£ Demand Zone: 197.80 β 198.20
π Price is falling from supply and now touching wedge support near demand zone.
π Expectation: May move sharply upwards from breakout.
π― Target after breakout: 199.80+
π Invalidation below: 197.50 (Structure Break)
π§ This setup demands patience and confirmation β retest can be obtained after breakout, from there strong buy entry is made.
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π Pattern: Falling Wedge forming
π£ Demand Zone: 197.80 β 198.20
π Price is falling from supply and now touching wedge support near demand zone.
π Expectation: May move sharply upwards from breakout.
π― Target after breakout: 199.80+
π Invalidation below: 197.50 (Structure Break)
π§ This setup demands patience and confirmation β retest can be obtained after breakout, from there strong buy entry is made.
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β
Being disciplined is one of the steps to becoming a profitable trader. You have to find out your descpline first and then you'll be able to control all your emotionsπ.
"Cheat codes of the market".
"Cheat codes of the market".
PRICE ACTION IS THE KING π
This chart says it all: forget indicators for a second price tells the real story.
At the support line, you can clearly see:
πΉ A battle zone forms. Inside Bar + Pin Bar combo
πΉ Sellers tried to break lower, but buyers stepped in
πΉ The Pin Bar shows rejection a bullish sign
Buyers defend the level and push the price higher
Takeaway: Always watch how price reacts at key levels.
Structure + candlestick behavior = high-probability setups.
Trade smart, not noisy. Keep your charts clean and your mind sharper. βοΈπ₯
This chart says it all: forget indicators for a second price tells the real story.
At the support line, you can clearly see:
πΉ A battle zone forms. Inside Bar + Pin Bar combo
πΉ Sellers tried to break lower, but buyers stepped in
πΉ The Pin Bar shows rejection a bullish sign
Buyers defend the level and push the price higher
Takeaway: Always watch how price reacts at key levels.
Structure + candlestick behavior = high-probability setups.
Trade smart, not noisy. Keep your charts clean and your mind sharper. βοΈπ₯
π» XAU/USD Gold Sell Setup (1H Chart)
π Resistance Zone: 3364 β 3371
π Price has touched previous supply zone again after a strong bullish move.
π Rejection signs: There was a decline before the same zone, now rejection candles are visible again.
π― Sell Entry Zone: 3364 β 3371
π― Target: 3342
π Stoploss: 3373 (above the zone)
π Risk Reward Ratio: 1:2+
π§ Wait for confirmation candle or M15 reversal pattern.
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π Resistance Zone: 3364 β 3371
π Price has touched previous supply zone again after a strong bullish move.
π Rejection signs: There was a decline before the same zone, now rejection candles are visible again.
π― Sell Entry Zone: 3364 β 3371
π― Target: 3342
π Stoploss: 3373 (above the zone)
π Risk Reward Ratio: 1:2+
π§ Wait for confirmation candle or M15 reversal pattern.
π© Telegram Signals & Tools β€ @menutradefx
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π 1. BTC/USD β Buy Setup (2H Timeframe)
πΉ Current Price: 116,844
πΉ Zone: Strong support around 116,000 β 115,000 (marked zone)
πΉ Setup Type: Reversal from Demand Zone
πΉ Entry: 116,200 β 115,500
πΉ Stop Loss: 114,600 (below zone)
πΉ Target 1: 118,500
πΉ Target 2: 120,000
πΉ Target 3: 122,000
π Reason: Price is forming higher wicks and rejecting a key support zone after a strong sell-off, indicating a potential reversal.
π’ Bias: Bullish | π RR: Good | π§ Wait for price action confirmation before entry.
πΉ Current Price: 116,844
πΉ Zone: Strong support around 116,000 β 115,000 (marked zone)
πΉ Setup Type: Reversal from Demand Zone
πΉ Entry: 116,200 β 115,500
πΉ Stop Loss: 114,600 (below zone)
πΉ Target 1: 118,500
πΉ Target 2: 120,000
πΉ Target 3: 122,000
π Reason: Price is forming higher wicks and rejecting a key support zone after a strong sell-off, indicating a potential reversal.
π’ Bias: Bullish | π RR: Good | π§ Wait for price action confirmation before entry.
π 2. USD/CHF β Sell Setup (4H Timeframe)
πΉ Current Price: 0.79575
πΉ Resistance Zone: 0.79950 β 0.80300 (marked supply zone)
πΉ Trendline Support Break Expected
πΉ Entry: 0.79650 β 0.79850
πΉ Stop Loss: 0.80150
πΉ Target 1: 0.79000
πΉ Target 2: 0.78500
πΉ Target 3: 0.78250
π Reason: Price is consistently rejecting resistance and is close to breaking the ascending trendline. Structure suggests possible bearish momentum incoming.
π΄ Bias: Bearish | β³ Breakout Watch | β οΈ Wait for trendline retest or breakdown confirmation.
πΉ Current Price: 0.79575
πΉ Resistance Zone: 0.79950 β 0.80300 (marked supply zone)
πΉ Trendline Support Break Expected
πΉ Entry: 0.79650 β 0.79850
πΉ Stop Loss: 0.80150
πΉ Target 1: 0.79000
πΉ Target 2: 0.78500
πΉ Target 3: 0.78250
π Reason: Price is consistently rejecting resistance and is close to breaking the ascending trendline. Structure suggests possible bearish momentum incoming.
π΄ Bias: Bearish | β³ Breakout Watch | β οΈ Wait for trendline retest or breakdown confirmation.
Trading Tip:
Once I have found a directional bias in the market, I then give myself 2 attempts at the trade AT TWO DIFFERENT PRICE POINTS.
1). Where it looks the best
2). Where the best risk to reward opportunity is.
This gives me twice the amount of opportunity. π
Be patient, keep it simple, create a set of rules to follow and manage your risk. π
These are the principles of consistently making money as a Trader! π₯
Once I have found a directional bias in the market, I then give myself 2 attempts at the trade AT TWO DIFFERENT PRICE POINTS.
1). Where it looks the best
2). Where the best risk to reward opportunity is.
This gives me twice the amount of opportunity. π
Be patient, keep it simple, create a set of rules to follow and manage your risk. π
These are the principles of consistently making money as a Trader! π₯