BitcoinWorldYt

BitcoinWorldYt

Hello Traders, After a consolidation, GBPUSD created a new level. Today I took a short and my TP got hit. mostly I will be looking for short today but there is an event at 6 pm IST. check on forex factory so trade carefully. Also today I passed my MFF challenge phase 1. 😁 Not a financial Advice

BitcoinWorldYt

Good Afternoon Traders, After a month sideways, GBPUSD again goes sideways, and today or at least for the next 4hr I do not see any setup or reason to trade. if you cannot be 100% sure about ur trade setup, would recommend avoiding trade. For Indian viewers, Happy Rakshabandhan.

BitcoinWorldYt

Good Afternoon Trader, After the whole of August, the market was sideways, and now it broke to the downside. so my view for next 2 3 days(possible) will be downside. Or at least today the view is downside. but before entering into trade wait for a nice pullback. I will enter on 5min TF. Currently price is approaching strong support and have to keep an eye on...

BitcoinWorldYt Updated 

in 1st entry, my SL got hit but then again I entered and got my TP hit. most probably I will not trade for the day as there are some events for GBP and USD both. check Forex factory for the event time. please check my last post for the 2.30 PM IST update on the 4h candle and then the 6.30 PM update. I will update below the last post. Not a financial advice

BitcoinWorldYt Updated 

Good Morning Traders, Yesterday and on Friday I took this trade. on 4hr view is the same as my previous posts. GBP USD is in major sideways. as I updated in my previous post, trade if u have some experience with your trading system or just stay away from this instrument. As for today, right now bullish candle is closed so the expectation is same for the next...

BitcoinWorldYt

Good Afternoon Traders, As GBPUSD is in major sideways, I would recommend you guys stay away from trading or use some solid sideways market strategy. if you are a indicator-based trader, try to avoid trading at all costs. Happy Monday Not A Financial Advice

BitcoinWorldYt

hey guys when you trade you have to understand the market behavior. recently I have started to notice 1 particular behavior this morning and yesterday also. goto 5min at 10.30. -1st gbpusd will create high/low (in this scenario it is creating high) and -then creates low and -then goes up just and then comes down just to take the low it has created after...

BitcoinWorldYt

yesterday and today i took these 2 trades. Sorry due to work i could not update you guys. currently, i don't see any clear plan in GBPUSD. as it is ranging at 4hr and lower TF. you can take a long entry but wait for pullback then add your entry techniques. or you can wait for a price to create trend and then enter at pullback. for 4hr view, check my last...

BitcoinWorldYt Updated 

update on this idea, if i would have taken a risk and put my sl at the orange level, this is 1:3. but i have used a safe sl and got out of the trade with 1:1.

BitcoinWorldYt Updated 

Looking for short. GBPUSD is in the channel for most imp. it broke the major trendline and also took resistance on it. recently formed resistance is also holding a price below it and currently forming a good bearish candle. I will be looking short on 5min after pullback. this is not a financial advice

BitcoinWorldYt

this instrument is in strong downtrend and may continue same behaviour. i am expecting a break of low and will try to look for short entry on Lower Low break/support break

BitcoinWorldYt

After yesterdays choopy movement, GBPUSD may continue its downwards journey. (orange line)- ideally when trendline breaks, its starting point is the target but this is very unlikly situation here and anyway it is not our main concern as of now. cuurently on 4H we can see huge bearish candle and i am expecting a same behaviour in next 4H candle. i will look for...

BitcoinWorldYt

I am expecting a bullish move in GBPUSD on 4hr. support trendline is strong and multiple touches also there is support coming at the same level. I will be looking for long after this candle close on 4hr, that is 2.30 pm IST. you can use your entry model and risk management. This is not financial advice.

BitcoinWorldYt

Hey Friends, Hope you are doing well. Today we will be looking at the Cardano coin on 4hr TF. Currently, ADA is in traingle heading towards a lower trendline. if today's meeting is to be considered market may see some dump. but technical wise ADAis in a triangle and 3 touches are confirmed to the upper trendline. try to trade this triangle...

BitcoinWorldYt

Hi guys.. I hope you are doing well. Today I am going to share a fundamental and most common pattern that you can see on mostly 15min TF. Check the chart and trendline. These patterns always result or 90% results in a quick scalp. But trade this pattern only on support or confirmation of support. I hope you like this idea. happy trading NOTE: NOTE: I ma not a...

BitcoinWorldYt

Hello Friends, Hope you doing well. Today we will see BTCDOM 4hr analysis. I think alts might bleed heavily in the coming week due to 2 reasons 1.FOMC/FED meeting on 27th July. 2.BTCDOM is creating double bottom pattern in 4hr time frame, there is minor resistance for btcdom at 42.97% - 43.10% level. Possible Scenarios: if btcdom plays put w or double bottom...

BitcoinWorldYt

Hey friends, BTC has formed a downtrend channel after reaching a month high. Also, the price confirmed 2 touches on both trendlines of the channel. I think BTC will drop to the 21740 level where the downtrend channel line is also at and 200 EMA is also present. 2 possible scenarios, if the price stays in a channel or provides support at 200 EMA then we open a...