Gulshan-e-wafa

📍The broader cryptocurrency market has recently faced a sharp wave〰️ of pullback that rattled major assets. A heated political standoff between Elon Musk and Donald Trump added to the social media drama, intensifying bearish sentiment. As a result, Bitcoin ($BTC ) briefly dipped to $100,430 while Ethereum ($ETH ) slid to $2,387 before both bounced slightly to their current levels of around $104,000 and $2,492, respectively. This pullback wasn’t limited to the majors—altcoins like Worldcoin (WLD) also suffered.
✅️$WLD registered a 5% intraday drop, extending its weekly decline to 13%. However, technical patterns now hint that a bounce could be on the horizon.
🔶️Bearish Cypher Harmonic Pattern in Play
▪️A deeper look at the 4-hour chart of WLD reveals the formation of a Bearish Cypher Harmonic Pattern, a well-known setup among technical analysts that often signals a potential short-term upside before a possible reversal near the end of the formation. The pattern began forming after WLD peaked near $1.4465 (point X), then dropped to $1.08 (point A). This was followed by a rebound to around $1.23 (point B), before dipping again to $1.01 (point C).
🌎Worldcoin (WLD) 4H Chart/Coinsprobe (Source: Tradingview)
Since touching that recent low, WLD has begun its move upward—potentially heading toward the final leg at point D, projected between the $1.3535 to $1.4465 region. These levels align with critical Fibonacci zones: the 78.6% retracement of the XC leg and the 100% Fibonacci extension, both key areas where price reactions are typically expected.
⬆️If bullish momentum persists and this harmonic pattern plays out as expected, WLD could see an upside potential of approximately 28% to 36% from current levels.
🎯What’s Next for WLD?
The next few sessions will be critical for WLD. A breakout continuation toward the $1.35 mark may attract more attention from short-term traders and algorithmic bots tracking harmonics. However, traders should also watch for potential resistance near the target zone, as it could trigger another wave of selling pressure once the pattern completes.
However, any failure to sustain momentum—especially a breakdown below point C—could invalidate the pattern and lead to further downside. $WLD #TrumpVsMusk #MarketPullback

#TradingMistakes101 Here are some common trading mistakes and practical tips on how to avoid them:
1. Lack of a Trading Plan
❌️Mistake: Trading without a structured strategy or clear goals.
🟥Avoid it by:
Creating a detailed trading plan including entry/exit rules, risk tolerance, and trade size.
Backtesting your strategy before using real money.
Sticking to your plan even when emotions kick in.
🟧2. Overtrading
Mistake: Trading too frequently or with too much volume, often driven by excitement or fear of missing out (FOMO).
🅰️Avoid it by:
Setting a limit on the number of trades per day/week.
Only trading when clear, high-probability setups occur.
Avoiding revenge trading after losses.
🟨3. Ignoring Risk Management
Mistake: Risking too much on a single trade or not using stop-losses.
Avoid it by:
Risking no more than 1–2% of your capital per trade.
Always using stop-loss and take-profit orders.
Diversifying trades to spread risk.
🟩4. Letting Emotions Drive Decisions
Mistake: Making impulsive trades based on fear, greed, or panic.
Avoid it by:
Practicing mindfulness and emotional discipline.
Using automation or trading alerts to reduce decision-making pressure.
Reviewing your trades regularly to identify emotional patterns.
🟦5. Chasing the Market
Mistake: Entering trades late, after a big move, in fear of missing out.
Avoid it by:
Being patient and waiting for price to reach your planned entry point.
Avoiding trades outside of your strategy, even if the market looks “hot.”
Accepting that you won’t catch every move.
🟪6. Not Keeping a Trading Journal
Mistake: Failing to track and review past trades.
Avoid it by:
Logging each trade with details (setup, entry/exit, result, emotions).
Reviewing your journal weekly to learn from both wins and losses.
Identifying patterns and areas for improvementare
🟫7. Relying Too Heavily on News or Tips
Mistake: Making trades based on hype, social media, or unverified sources
Avoid it by:
Doing your own analysis and due diligence.
Using news as a contextual tool, not a trading signal.
Verifying tips with technical or fundamental analysis.
⬛8. Failure to Adapt
Mistake: Using the same strategy in all market conditions.
Avoid it by:
Learning about different market types: trending, range-bound, volatile.
Adjusting strategies to suit the market environment.
Staying educated and evolving as a trader.
⬜️9. Unrealistic Expectations
Mistake: Expecting quick riches or consistent high returns.
Avoid it by:
Setting realistic goals and measuring progress.
Understanding that losses are part of the game.
Focusing on long-term growth, not short-term wins.
🔴10. Neglecting Technical and Fundamental Analysis
Mistake: Relying on just one form of analysis or none at all.
Avoid it by:
Learning both technical and fundamental analysis.
Combining them to create a more complete trading picture.
Continuing education through books, courses, and mentors.