π BTC/USD β Long Setup | 15M Chart
πΉ Entry Zone: 117.999 β 118.300
πΉ Stoploss: 117.544
πΉ Target 1: 119.400
πΉ Target 2: 119.950
π Timeframe: 15 minutes
π Reason: Bullish rejection from strong support zone. Price made higher low and formed bullish engulfing candle.
π Wait for breakout or bullish candle for confirmation.
β οΈ Keep SL fixed β never take trade without stoploss.
π§ Risk management is important β do not risk more than 1% capital.
πΉ Entry Zone: 117.999 β 118.300
πΉ Stoploss: 117.544
πΉ Target 1: 119.400
πΉ Target 2: 119.950
π Timeframe: 15 minutes
π Reason: Bullish rejection from strong support zone. Price made higher low and formed bullish engulfing candle.
π Wait for breakout or bullish candle for confirmation.
β οΈ Keep SL fixed β never take trade without stoploss.
π§ Risk management is important β do not risk more than 1% capital.
π» USDCHF 4H Sell Setup
Price rejected from strong resistance, now can be sold on bearish confirmation.
π SL: 0.80900 | π― Target: 0.78250
#usdchf #sellsetup #forexanalysis #priceaction #menutradefx
Price rejected from strong resistance, now can be sold on bearish confirmation.
π SL: 0.80900 | π― Target: 0.78250
#usdchf #sellsetup #forexanalysis #priceaction #menutradefx
πΌ GBPJPY 4H Buy Setup
Strong bounce can be found from support, buy setup is active.
π―Target: 199.750 | π SL: 197.200
#gbpjpy #buysetup #forextrading #priceaction #fxsignal
Strong bounce can be found from support, buy setup is active.
π―Target: 199.750 | π SL: 197.200
#gbpjpy #buysetup #forextrading #priceaction #fxsignal
πΌ GBPCAD 1H Buy Setup
Price is bouncing from support, be ready to buy.
π― Target: 1.84200 | π SL: 1.83450
#gbpcad #buysetup #forexsignal #fxupdate #priceaction #forexanalysis
Price is bouncing from support, be ready to buy.
π― Target: 1.84200 | π SL: 1.83450
#gbpcad #buysetup #forexsignal #fxupdate #priceaction #forexanalysis
To win in life, embrace the struggle, believe in yourself even when others donβt, and keep movingβno matter how slow.
Failure is part of the process, but regret is what you should truly fear.
Build discipline over relying on motivation, protect your mental energy, and never forget that your story isnβt over yet.
The key difference between winners and everyone else? They never gave up.
βWinners are not those who never failβbut those who never quit.β π―
Him @menutradefx
Failure is part of the process, but regret is what you should truly fear.
Build discipline over relying on motivation, protect your mental energy, and never forget that your story isnβt over yet.
The key difference between winners and everyone else? They never gave up.
βWinners are not those who never failβbut those who never quit.β π―
Him @menutradefx
Anatomy of Elliott Wave Decline π
Classic 5-wave structure of a downward impulse:
Wave 1 β First bear strike
Wave 2 β Bulls' false hope (50%, 61.8% retracement)
Wave 3 β Main crash (161.8, 200% extension) π₯
Wave 4 β Weak correction (38.2% of wave 3)
Wave 5 β Final capitulation
Wave 3 is the most powerful in the impulse.
This is where the main decline occurs with maximum volume and panic.
π Key Fibonacci proportions help accurately determine targets for each wave.
Classic 5-wave structure of a downward impulse:
Wave 1 β First bear strike
Wave 2 β Bulls' false hope (50%, 61.8% retracement)
Wave 3 β Main crash (161.8, 200% extension) π₯
Wave 4 β Weak correction (38.2% of wave 3)
Wave 5 β Final capitulation
Wave 3 is the most powerful in the impulse.
This is where the main decline occurs with maximum volume and panic.
π Key Fibonacci proportions help accurately determine targets for each wave.
π» USDJPY 1H Sell Setup
The supply zone of 149.000 is active, a good sell move can come from here.
π― Target: 147.200 | π SL: 149.200
#usdjpy #sellsetup #forextrading #priceaction
The supply zone of 149.000 is active, a good sell move can come from here.
π― Target: 147.200 | π SL: 149.200
#usdjpy #sellsetup #forextrading #priceaction
Which market do you trade the most?
Anonymous Poll
0%
1οΈβ£ Forex (Currency Pairs)
50%
2οΈβ£ Gold (XAU/USD)
0%
3οΈβ£ Crypto (BTC, ETH, etc.)
0%
4οΈβ£ Indices (US30, NASDAQ, etc.)
50%
5οΈβ£ I trade everything π