illyrian_forex.al
GBP/USD - third update
GBP/USD - price rejected the 4h supply as we expected, we expect the price to continue to drop and find support at 1.2600 level further more at 1.2550 level.
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📈📉Understaning the Pullback in Trading will lead you to Profits for sure. Check the full tutorial on this YouTube video:
https://youtu.be/IZwIrkPjBzA
https://youtu.be/IZwIrkPjBzA
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🔐Unlock the Secrets of the Supply & Demand Curve! A must-know concept before diving into this trading style. Discover all the details in our YouTube video.
https://youtu.be/ihkT67jiTPs
https://youtu.be/ihkT67jiTPs
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illyrian_forex.al
BTC - Wyckoff Re-accumulation (jump across the creek)
BTC Update – As we can see, the price didn’t continue its upward move but instead made an aggressive pullback. For some new traders in the market, this might have caused fear. I would advise taking a step back to see the full picture.
On the weekly time frame, the price has almost filled the imbalance zone, broke below the last low, and grabbed the liquidity. On the daily time frame, the price is moving inside a parallel channel, and we can see that it has already rejected the lower band. If we remove the lines and measure the legs, we can observe a complex pullback that has formed an AB=CD pattern.
On the weekly time frame, the price has almost filled the imbalance zone, broke below the last low, and grabbed the liquidity. On the daily time frame, the price is moving inside a parallel channel, and we can see that it has already rejected the lower band. If we remove the lines and measure the legs, we can observe a complex pullback that has formed an AB=CD pattern.
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illyrian_forex.al
BTC Update – As we can see, the price didn’t continue its upward move but instead made an aggressive pullback. For some new traders in the market, this might have caused fear. I would advise taking a step back to see the full picture. On the weekly time frame…
BTC update 🫡
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After numerous requests, I'm reintroducing the low-risk system for large accounts. During our three public tests, this system achieved an average monthly profit of 3%. You can check the Myfxbook links for detailed results. Currently, I'm conducting a fourth test with even lower risk over a four-month period, and the total growth has been nearly 2.5% with a drawdown as low as 0.7%. Today, I've decided to increase the risk, and I'm excited about the potential results. I'll share the performance updates with you, and you can also track them through the Myfxbook link attached to this account:
https://www.myfxbook.com/members/ILLYRIANFX/test-4-prop-firm-trading/11027438
https://www.myfxbook.com/members/ILLYRIANFX/test-4-prop-firm-trading/11027438
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illyrian_forex.al
BTC update 🫡
-Technically: Bitcoin touch the lower band of parallel channel that have shown buy support in the past. Today was an aggressive sharp move so we need to see some rejection of the price from this are in order to consider it an opportunity.
-Fundamentals: The Nikkei 225’s sharp decline has had significant ripple effects on the cryptocurrency market. As Japan’s stock market tumbled, Bitcoin and other cryptocurrencies experienced a severe sell-off. Bitcoin’s price dropped around 15%, exacerbating its losses from the previous week. The decline in equities and heightened market volatility have driven investors away from riskier assets like cryptocurrencies, highlighting the interconnectedness of global financial markets during periods of economic uncertainty.
-Fundamentals: The Nikkei 225’s sharp decline has had significant ripple effects on the cryptocurrency market. As Japan’s stock market tumbled, Bitcoin and other cryptocurrencies experienced a severe sell-off. Bitcoin’s price dropped around 15%, exacerbating its losses from the previous week. The decline in equities and heightened market volatility have driven investors away from riskier assets like cryptocurrencies, highlighting the interconnectedness of global financial markets during periods of economic uncertainty.
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illyrian_forex.al
-Technically: Bitcoin touch the lower band of parallel channel that have shown buy support in the past. Today was an aggressive sharp move so we need to see some rejection of the price from this are in order to consider it an opportunity. -Fundamentals: The…
BTC update - After a strong sell-off, the price has recovered about half of the decline. There was a strong rejection at the bottom trendline zone, followed by a consolidation phase. This consolidation presents a high probability of leading to a continuation in the upward direction. The rejection of key support levels, combined with the stabilization during consolidation, suggests that the market may gather momentum for further bullish movement.
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🧨New Prop Firms Are Falling Like Dominoes – Here's Why
(Short documentary video very fun to watch)
https://youtu.be/wB767tIXCsQ
(Short documentary video very fun to watch)
https://youtu.be/wB767tIXCsQ
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