Menda’s Trading

4H Price is reacting os a resistance, creating BSL at the highs above it. Extra confluence for out Daily and Weekly Bias.

DXY View will come without education. Expecting a manipulation from support, following a drop towards the SSL.

That's it for today. Wishing everyone a great weekend, and even more so, a great week ahead. You’re welcome to ask any questions in the chat. These 20 messages may make it seem like I’m trading with too much overthinking, but after learning these simple, day-to-day manipulations, you just do it in your head within 5 minutes of analysis.

Flip it on EURUSD and you get EURUSD analysis.

DXY View will come without education. Expecting a manipulation from support, following a drop towards the SSL.

No clear view on $BTC at the moment (: I will share about it once having a SOLID clear one

That's my Gold Look.

Now... We are not blindly entering of the top. We want to wait for retail to STEP in ( :

Now... We are not blindly entering of the top. We want to wait for retail to STEP in ( :

Now after gathering a bias from the weekly and monthly.. We can drop to the daily. On the daily we can clearly see a PO3 if forming. Price gave retail chance to frame longs. Manipulated them into FOMOing into longs. And its clearly ready to start expansion lower from here.

I am willing to enter shorts only from this zone. If I see price start to speed up against the monthly FVG and go up like crazy I will fade the short bias. Currently I am trading what I see. Like always.

So... I am treating the move up as just another manipulation move to the table. Price entered a Monthly FVG and its ready to pull down towards the SSL. Retail are fully in buys due to this extremely FOMO candle.

All my indications are saying ther's another drop coming and the manipulation stage isn't over yet. 1. Monthly FVG waiting to be Touched. 2. Price is resting on a Support, Creating a strong SSL needed to be taken.