mentfxtrader

mentfxtrader

Hey guys, as we expected the BTCUSD dropped to the demand zone on the weekly chart, mitigation has happened and now we are seeing price going up, however I'm expecting to Wyckoff to occur on this 1h chart to the downside, as you can see, so far, we have spotted almost 80% of Wyckoff accumulation, I wanna see the price to either test the formed UTAD level or make...

mentfxtrader

Hello traders, hope you are all doing great so far and having a profitable week, as you can see on the 1h chart, gold has been making a Wyckoff schematic, so far we are seeing the price going up to that supply zone, I'm expecting to go short from that supply zone to the downward demand zone.

mentfxtrader

if you look at the market from the Smart money perspective, its so easy to see the BITCOIN taking off to completely high new levels in the coming months, its just crazyyyy

mentfxtrader

Hello guys, this is my view on gold for the long term, probably in 2-3 weeks we are expected to have a price up to break the previous structure, for short term, i prefer shorting gold as we are expecting 5min Wyckoff

mentfxtrader

moved the stop loss to the opper level of the MB zone

mentfxtrader

price broke the MB zone and came to test the 50% so I opened a position to go short follow for more

mentfxtrader

price has been reached to a level of POI so I opened a long position

mentfxtrader

here is my view on the USDCAD 12h timeframe, on the monthly chart, the price is about to touch the liquidity trendline, and we might also see a break of that up trendline to mitigate the supply zone on 12h chart, that mitigation will be called as the fake breakout of the trendline for retail perspective

mentfxtrader

Still waiting for this 1h supply zone to get mitigated before dropping off to lowest levels of demand zones

mentfxtrader

EURUSD position was stopped out at the breakeven, partials were taken at the LL BOS

mentfxtrader Updated 

Hey guys, as you can see the USDJPY mitigated the 50% supply zone and we executed our short position, our first target will be the lower low, and then we will partial our position to the downside

mentfxtrader

Hey guys, hope everyone is having a successful week so far. as you saw in my last post on GBPJPY, we caught the recent drop using the 1h supply zone, that trade ended up hitting the TP and making another BOS that made us look for another short entry. Recently, I found 15min supply zone as you can see, I already entered short on this one. I apologize for not...

mentfxtrader

hey guys, as I said on Sunday, I finally entered long on USDCAD just now, so far, it is playing really well on a lower timeframe (3min) currently, we are running in profit, the risk to reward on this trade is 1:54. let's see if we can catch this huge move up!

mentfxtrader

hey traders, hope you started your week with a good vibe! As we expected the price is making its way to the supply zone that we found on 1h chart, we are ready to go short once the mitigation happens... lets catch this bad boy! Good luck everyone!

mentfxtrader

hey guys, hope everyone is doing great, as you can see on the chart, i marked the trendline, the price is likely to drop first and then go up again, however, most retail traders will enter long first when they see the price touches the trendline after dropping and they will expect the price to go up, however, they will be stopped out from their long position, and...

mentfxtrader

USDCAD has shown us very interesting moves so far, we have several confirmations to go long 1. break of structure 2. 1h previous demand zone has been mitigated, its a great opportunity to go long right after the market opens

mentfxtrader

Hey guys, hello again, hope everyone is having a great weekend so far, been watching BTCUSD for some time now, honestly, I prefer not to enter the trade now on this one because I don't have any accurate bias on the trend, however, we might see the price drops to the 31095.14 level, to mitigate the daily demand zone that has not been mitigated for so long now, we...

mentfxtrader

As you can see, our previous position was taken out by the stop loss, making the Wyckoff SPRING point before taking off, however, we are going to enter long at the recently formed 30 min TM demand zone that has not been mitigated yet, we are expecting the price to mitigate that demand zone before taking off to higher liquidity levels. The expected RRR for this...