 Good morning America, or wherever you are How you guys doing it's been a very very long time. No, he hasn't No, it's just there was decent day days probably look Interesting is the only one I can really describe it, but Let's go ahead and get started with With the charts today, then we'll go by think Treasuries and T-notes and Bills and stuff just as a block has to be glanced just because I know a lot of people don't know how to read them well more so Never been exposed to them And they're interesting to know because usually you know me I don't really like paying attention what happens, but sometimes it's important So that's kind of the outline. I want to go in for today other than that Let's get started Only thing that interesting happening right now is Probably the the setup for 8 30 so in about six minutes We're probably gonna get a big explosion happening one way or another the reason being We've got a sort of data coming in, you know, how they love lining up things to data In timing wise so probably shifting our focus to 8 30 of pivot for the most part If not a full pivot a pivot in this entire tree Tire to entire entire trip. I'm saying I'm too tired Because I've gotten this jobless four-week average as well and the continuous again. These are always nice days to Have collected for us because they always seem to move the market decently in most cases We'll see if we can get them to affect the market and its current sort of position. It's in really helping the direction of going and Direction of appending is probably looking and considering we've been sort of Hammering ourselves short. You can see this whole area. I mean you've got some People being fiddly with these longs here So we'll probably cut these guys out pretty soon at this at one stage or another Don't really like how negative it is here in terms of it's not too big of a negative for the day. So Might get a small dip like this and I mentioned this in the price stream One minus one case not really a lot to try reverse a trend off of 2k is where you see it out. So 2k could have been a potential grab But again, that's Asia setting up for London and London just comes in and says, you know what? I'm making a high of the day here Which is kind of bleh, it's the best way to describe it. I think I Had a catch up or I'd squeeze it just go Because there is not there is no other words to sort of describe what's sort of happening in terms of Just seeing these motions happen Internet other than that, I mean, it's just been it can zoom out and you can zoom out as much as we can Always sort of match the third you can see how once we start splitting adding more back data It starts getting a bit long But that's just probably due to the fact that people tried to course correct or something that really didn't or blacks one rather but they sort of Got comfortable here comfortable in the longs you can see how heavy they got in the longs and first dip expected it Gave you double bottom could have risen off this even gave you a triple bottom Some reason struggle to come up above this and just decided to keep going heavy shorts and We're probably looking at this and just saying okay. It's heavy short, but Relatively but in this absolute sense, it's not very much It's basically negligible in the eyes of sort of bookmaking As this is kind of things you want you want minus 2k minus 4k Those are you sort of extreme especially I mean if we get minus 1k or continuously over a long periods of time then guess who's to find and Saying, okay, they just building up slowly. No, there's no interest of this a lot of indecision in the market right now work traders just getting Hammer hammered both ways regardless of direction But at the end of the day it ended up being sort of heavy short So they're just slowly sacking those shorts slowly waiting for them to get comfortable And I think they're waiting for a large deposit or shorts to come in Ideally today, I can probably grab that we probably the best case for us I mean if not, we're probably continuing this trend all the way into the next quarter until we sort of get that Air of So what I'm looking for Air of confusion, I guess. Yeah, it will work air confusion surrounding Are we gonna go insanely high on the rate? So are we not or whatever it may be? Ultimately, it's just it's all dependent on the Fed in terms of coming in probably doesn't even go that far forward but Close to the end of the quarter no end of the month rather Looking at us now it's slowly buying back just waiting for that two minute crossover once we get that embargo lifted We're gonna get those flooding. We're gonna get a flood of news coming in and we sort of live for those floods Let's go over yesterday while we have the chance. I mean two minutes should be enough to sort of discuss What ends up happening again yesterday's vice was just do the opposite And it was that it was that for the previous day Makes sense to do it today as well We broke down yesterday and again the same thing happened Well, I mean we brought that down the day before yesterday and the same thing happened yesterday We had these clean highs coming in here Off sort of spike and you can see this is where Waiting for a bar close is really nice You can see sometimes you miss a trade sometimes you get a really great trade Because people saw the negative news. They're like, oh, no, let's let's short and then there's panic Panic attack. Ah and so on so forth Until it's just like why is it going up? No, why am I getting liquidated? No, what's happening? No, please stop and there's there's the reaction this that's Decent reaction probably want to flip over to book map now see how good this reaction is Very lackluster to say ah, it's coming. It's this Coming up See where this ends up closing. I think that'll be the best sort of thing to I mean you probably can scalp it up a bit Like you probably could have done with a 10 o'clock bike is getting doing the Choose up the opposite Probably gonna go high. I think just trying to clear out some Early short as that came in here. We'll see how high ends up going to take these guys out I mean looking at where these guys are you're probably gonna have to reach pretty heavy to try and get these guys Depending on if we take the higher or the lower lower shorts if you take the lower shorts I'm really need to go up here the higher shorts taken here You can already see those longs here start those who act as our current resistance very sort of pronounced breaks within the sort of these this sort of heavy short trend. Good morning. Good morning, but You can see where the breaks are we can see where it ideally magnet to it's just where we're collecting these highs Again, I don't even know what the day is at this point because Doesn't really matter we saw what's what the market is reacting to it's reacting to what the initial shorts I initially stacked up If it needs to course correctly course correct, but let's go ahead and see what the actual numbers were See if there's a desire to actually cause correct at this point in time Let's see Those are not terrific Yes Not terrific again, you want these to be as low as possible ideally higher the number means the higher the people on sort of government Benefits claiming sort of that that means the claiming unemployment something like that So that means the search that we got from December January sort of dying out. I mean if we go into here, you can see that we had the surge of sort of employment Employers coming in just been saying, oh, let's hide them Then we had sort of I think mostly tech tech people here Just getting a bit bit out of sorts here Then I think this is the final data from those tech big tech guys Because you had a lot of layoffs coming in from Big tech companies such as Microsoft Google Apple and so forth So it explains they've been that and this job has been that high. I mean In an ideal while most of these guys will be already being severance and just run as a job. Hopefully they're doing all right Again have have a little bit of humanity I guess First first area here first break that we were looking for I mean, it's only three minutes since and it's doing this pretty fast Wait for that to mature again. We've got come back that ten o'clock bar and we'll look at that here Look at that in the three minutes There we go Don't initial sort of I think minute will be better So as soon as sort of this Bellin comes in he says, oh, no Everyone's we're probably looking at a higher rate. It's like, oh, no, what happened and it keeps going higher. It's like, oh, no I shorted this because he said bad news and Not waiting for that sort of pin out and it's a nice little instance stop out of that range It's an easy one to miss again Something I would miss just sake of It just looked like noise wait for that 10 o'clock comes in comes in the tie You can see generally. I mean, it's not perfect on the one minute But over the course of those 15 minutes bars they decided to say, oh, this is where we have our volume close And then we get comfortable in the rounds here and say, okay, this is this is ideally where we'd want to be and then they sort of Just repeated what they did yesterday and I mean the day before yesterday on yesterday's chart So it's just collection of nice little volume Then they decided to drop it and at this stage retails were thinking. Oh, no Maybe the data didn't matter and they had our lungs come against like, oh, yeah, this is yeah It's just a flag guys You go long on those So they come in they think flag they think long and they go long and missing the whole sort of understanding that There's long tier even without book map. You can see that But just book map gives you that extra bit of confidence. Just say, oh, yeah, I See that break in the market and let's just zoom in here You can see okay insane amount of long just coming in the highs most that concentrated just shallow here And you can see that where that came to on the sort of second swing there But very much Sort of pre-meditated would have loved for them to just come up to kiss Triple two up here Complete this and then drop down But again, not going to get everything that you wish for So it's just taping your expectations and they end up removing this wall when we sort of have that drop So look second one of these spoof beds. So it's just you had to play this by the nose and just look at What retail would would have seen then say, okay, retail would have seen a flag, but it'll probably gone long It's off of bad news and they're probably confused right now. It's like, okay Maybe it didn't really matter or consumers still had a bit of confidence left in them to I want to try and Reprice it a bit higher Remember most of the people trading Bitcoin very very spring traders They're very green around the ears in the nice way possible So it'll be one of the things where they get confused. They only see what they know and what they're taught by whomever Never taught them But you should videos most likely or friends. Oh, yeah, you just you see a bit So, yeah, yeah, it's by choice. Livestreams are only on book map now I'm gonna try making short the short videos on my channel sign tomorrow. See if I wake up for those I'm just trying to And I know it's just trying to switch it up because I think people want like people who watch You watch my content and people who trade crypto in general just have a short attention span So they want they want 10 minute videos and even 10 minutes is too long for them And I'm kind of adverse to 10 minute videos when you're trying to learn something But if it's kind of just brushing up Five minutes three minute videos are probably fine. It's just short overview You know how I can probably do everything I need You can say everything I need to say in a minute and be over and done with And if you get it, you get it if you don't it's just like, okay Yeah, then ask you questions So Yeah, I bring back the shorter videos on my channel guess and going on to sort of the Just do the live streams on book map Collecting long here Ideally what we want to see coming in a bit earlier guess about I mean it's a half way through We'll see if this ends up changing the direction Early on if they try hit up then they hit up for the higher higher level here Just after they trick out people to get that those early sort of panic short as they all know it's up. It's down It's left. It's right Again, most of these people will be trading on 15. So that's why we look at the 15 You can see their reactions like oh, it's green. It's green. It's green. Let's buy. Let's buy. Let's buy Missing the complete sort of Reasoning for It's just like ah, okay cool the clear clear sort of void like no, why are you buying there? but So you get those early buyers we might cut them out quickly then resume up higher see if they want to hunt for a higher blood and come up to sort of 21 750 will be a nice little quarter number For us Again, they don't have to do it. It'll be something that I'll probably define it. Good morning. Good morning But looking at this all continual sort of down I think we'll probably spike it one more time if anything If we're looking at it range still setting up. So it's still early days But if we get sort of a nice little cut Continue a bit higher spiked little blood here come back down We testing to sort of this area here back where these shorts were initially sort of things We could sort of make a break for it. I know we've got a sort of worser numbers than we'd ideally want And especially considering jobless is high But again, that's something that I think was pricing already coming into this. You can see that drop prior to today so It was to be expected especially with them massive tech Tech sort of layoffs. So it shouldn't come as any surprise to people If you hop over to the weekly chart, you can see where we have our sort of volume defined Here, so we've got that little spike here Just sort of where we're coming to right now and just slightly below So this will essentially act as our buffer, which is a very big buffer about five I'm not not really it's about 40 pins. It's very small If you're recontextualizing it about 300 400 give or take 40 pips is translating to that. So that's well within sort of Expected tolerances for Bitcoin in terms of stop on Let's get rid of that No Go as you can see we already have that daily marked here It would sort of close out this candle be very nice if we can do that sort of very aggressive play there again It would make sense if we're sort of doing that and looking at it from that point of view You don't have to go all the way Down to dig that deep But generally going lowers is not sort of out of the tables But we're collecting long enough. I think to drive that market down. So I think Anything here is your resistance and anything surpass that and coming into a recess is where you're sort of flipping Flipping the trading on the opposite side So it's a very sort of clear defined line for today in terms of where you want to be a buyer where you want to be a seller if we sort of flip over To yes, and I think yes is doing more of the same I mean yes, they held up Recently you can see the two halves of the day and came in on the second half Asia did nothing to do Let's wait But we're almost back at this daily after giving everyone the middle finger on the six Pulling down very large down again just repricing you think ahead of ahead of the data It's just coming back here. You can see how he stopped on just these traders that probably entered here So it's already went out for blood. You can see these early short as that came in here instantly punished on that half here Break down even lower Again now there's sort of probably a bit heavy long on this top We can sort of maybe if we can hold here Potentially and what if you can hold here We may potentially look for a then a second dig deeper if you start digging higher Or climbing higher rather probably start Looking at this as a falling off sort of metric But if you sort of sort of can just come in here Get out these stops pull back down It depends on how far we need to go if we need to go here. We need to go here if we don't we don't just look at sort of trader sort of Times it's sort of doing again and where it's all coming in and how are you getting the correct amount of Traders being pulled If you're not then you're probably not gonna join them on the opposite side So that's sort of best advice. I can give you for that Damn, I'm dropping a lot of frames today. I've dropped one percent of frames. That's insane Okay, yeah internet spit if he it is what it is we just deal with it Now as charts below as we know what's ideally doing with me sort of lip book map over to the other side and We'll go over Treasuries because it's a bit of fun again, like I said, I don't really go over these too much in it in terms of As a sort of macroeconomic view wise just because it usually flies over Most people's heads and takes time to explain it. It doesn't really actually it's just more Doesn't really matter until it matters sort of thing Unless you're anticipating and watching it like a hawk Doesn't really affect too many people unless your trade is market and I doubt and if you have the liquidity to Just being up light so This is treasuries this Tino Very much sort of important to know these sort of things We can see that Here you go, you're insane that five percent Easiest way to say it is high percentage. It's bad because high percentage means so High percentage means government has to pay back more So they have to pay five percent on the loans rather than say 1% so 1.5 whatever it may be so at this stage in time, it's at five percent so Lending and burnings is insane the government's If it continues to go out, they'll start drowning in sort of debt and they'll be like look at it's like It's not really a good time So this is what they want to get under control and it's something they wouldn't need to correct And I mean these are sort of correlated and most of these sort of And this is usually sort of inversely correlated with sort of the charts and Because this correlated with charts But but we're at sort of record highs and In sort of oh seven and we can see where we have sort of large shifts is usually sort of due to do with sort of massive policy changes Sort of either deter people from spending or encourage people spending I think the most recent examples we can give is probably so there's major sort of mellowing out where they let the They had to sort of drop everything down they had to introduce everybody Back into sort of spending they had sort of encourage people to spend over the COVID-19 pandemic because The economy wasn't really cutting it so they're okay. We'll see quick and dirt you age fix it Let's just lower these rates make everything affordable for corporations sort of survive in In essence and for consumers just Show some willingness to spend You know, let me just put this off so you guys don't look at one thing So you can see that During the whole of pandemic they kept it really low then it got to a point where it started climbing up and this is Probably just the introduction of stimulus checks. So this introduced a lot of Government spending and then In turn spending of consumers, which is a good thing, but it increases sort of Increased or decreases confidence in sort of people who are betting with or against sort of The government in terms of buying these sort of debt bonds from them and Say, ah, you know what this this this looks like a map and molehill Waiting to come a mountain And it's it's it's a surefire bet to sort of cash it in you see we peak around sort of No, what this is early sort of You want to do this? There you go time frame Then just bam There's your stimulus check again just sort of high up 2018 is a different story. I mean you could this is just after the whole sort of All sort of recession sort of funds that we had in 08 everything sort of just ends up collapsing market Comes back up resurgence of sort of big corporations and spending so they're like, oh, yeah, everyone's just buying everyone's just like Forget forgot that this happens and they forget that It could happen again essentially but they create a sort of mini bubble for themselves And this is where you have the Surgeons of like all these all I think crypto stuff side popping off really here mostly sort of tech It's this fuel by sort of tech tech started becoming really overpriced in terms of here then course corrected Pandemic hits Them this tip dies down to keep it as low as possible to Normalize again Back at the back where they were before Them this checks hits and it just keeps going higher Increasing increasingly figure out that we created a bubble by doing this and now we're stuck and Then we started having Conversations of oh, you know what normal questions of easing do you need tightening now? It just needs to course correct because Governments and the government is gonna end up being drowns and debt and again, it's just Further sort of fuel to the fire They were not doing anything. It's going higher Bitcoin again It's a part of the course But is that something that is easy to understand. I mean it should generally mean Be very easy to understand Should be decently easy if I'm explained it correctly Again, if I didn't just say so try to reiterate it But you can see how this thoughts Effects it here because you're like, oh, no, this is too low. We can't survive this way you pick out your Sort of I mean, this is two years So it's like short-term sort of loans in this way you're forecasting and people start forecasting You know what this doesn't hold this doesn't hold and you see the Stimulus checks. They are not definitely Gov. We're not really sort of trusting to trusting then Finally it starts reaching these were at now where we're just left stuck In the stink essentially left by the government And I you can't really blame the Lame the pandemic too much and that's the thing. I think where we were headed for this trajectory With or without the pandemic. It's just it's sped it up essentially. It just made Everything worse are Faster Rather than it's low realization and a slow actualization of sort of debt where they just finally blow up themselves Because looking at back at sort of where we had the 2000s coming in at his peak where everyone was just like selling vaporware Then everyone realized they're getting sold vaporware Collapse and it's just default after default. It's just like, okay Doesn't it doesn't look healthy then government tries to correct it, but they correct it using sort of Similar methods are doing now Just don't learn I think that's a key takeaway then it creates the first signs and 2008 happens Collapse and now we had we have to do this government has to do this to incentivize people just don't Want to spend because it has no way of controlling it Then they're doing the same thing again So I'll we head for another mini crash Could be could just course correct and just come back down to sort of nice cozy sort of 2% by doubt. He does that just cuz Look like they're they're They're gonna have a soft landing and with three Mr. Powell Described it. He doesn't really care. He's Making sure everyone's racing for a crash landing. So maybe I don't know There's some slim chance where this crash landing becomes a soft landing Because all the social and rhetoric about sort of the crash landing usually sort of creates a massive exodus of fear for traders to Stay within I mean say within Usually creates a massive exodus where traders tried to exit the positions and say, okay You know what we need to sort of go back into savings and we need to sort of Figure out where things going if the market can correct itself without crashing. I think It would if you're one's best, but you know, they don't really care as long as they can fix Whatever garbage they created So it doesn't matter who gets hurt in the process as long as the outcome is favorable for the people who are making those Again West every every race corrupt essentially, but Bribes are very rampant. So most of these lob most of these guys are being bribed anyhow for this or I'm passing one thing favorable for tech giants So I think that's why you create these massive sort of big tech bubbles over a course and period of time because you create legislations and you create rulings that favor and ease They ease the Ability of these These tech giants and monopolies to occur and that just creates these massive bubbles Where everything just becomes absurdly overpriced to the point where it just doesn't function anymore But come back to this looks like it's reaching for the second one I'm just trying to climb back up or they hit back down looks like they're going for I think more blood We'll come back a little time frames here. You can see that there we go and up and up It looks like again people who went along at this high Get liquidated here, then they've seen the second high. They're buying at the second high They're getting liquidated again We'll see if they collected enough longs to warrant a sort of a Double bottom at the stage. I think we should be close to I mean we've reached close to the outside of Higher breaking point at this stage and we're finally getting more longs come again. We've sort of went plus 800 off this move here Give or take you're not even 800 is it? It's about yeah about 600 give or take We want positive. So it's a little contract being added Which is always a good sign that we'll probably end up doing the investment Oh, it's about 800 because we're gonna put minus 100 to about 300. Okay So as you can see this is what I mean When we when we look at cumulative volume Delta and we see the distance it moves Versus Wends up ultimately being achieved You can see very short distance, but Large amount of volume coming in So this usually signifies that there's some level absorption some level of counter-trading happening to these sort of long so usually you're safe to say reverse these Reverse these balance but Anything at this stage is Welcomed still pinning still pinning and I think maybe we get one more who knows before we ultimately Come back down give us a nice little double bottom if we get a double bottom at 10 o'clock. We're gonna look very nice for a sort of by day and a and being in a long position if not if we sort of Come back in and even if and we talked about this again before if we come back in here And we look Rosie here the sort of the sort of In good sort of books here Even if we go come in here and just take out these guys here and then push on In multiple sort of places to look for today, but majority of it being Very very it should be very telling at the very least shouldn't be too Also, I don't know what this is to sort of obscure was how they sort of trade again Yes is building up the same sort of amount of volume at this these highs So presumably long so we'll wait for the market to open and react to this React this if they add long they add long Again about a half hour till that opens I think if we sort of flash in 15 minutes and we get 15 minutes before open and we start showing red They'll start sort of bleeding and it'll be sort of a nice today for everybody Well, not for everybody but everybody who's in the right trade Mmm, I've got what I want to cover today. Let's see what news got from that embargo It's fun General motors Is that something I can see myself buying? Oh in a while to look at G why not? No, not in what a general electric God, I'm tired Why they snap it They snapped up too early on and you can see they snapped up early on and They're just holding on to it because now's the time probably you'd want to sell off a G Oh Come on, come on. Give me weekly. No, don't hang up on the weekly. Oh, there we go Yeah, there's no way you're snapping this up here. You'd have to be a fool to do that Gain falls aside again. You just come back here. It's just like what are you doing with your life? If you're willing to believe that they're snapping it up here They snapped it up here and they just averaged these here They averaged it here and they tell it and they're telling you they averaged it and they say, oh, yeah We did buy it, but just like a long time ago Now we're telling you so you can buy it. Ah the media Miss I was sure I was waiting for that tap the bottom and boom Oh unfortunate Yeah, and that's that's the thing most people Just like see see the red see the bleeds and just like what get hold and this is why Very sure fireways trade is based on time and time alone Very simple sort of element. You don't even need this indicator. You just need to remember the times it prints Where it prints the box so maybe have an alarm Have whatever it starts itself at 6 30 in the morning EST time and finish that 10 o'clock There's your New York's box. That's where you ideally look stopped for the session We can flip over I got delayed feed for ES on here, but over to here look at it Loads and doesn't Garbage But there we go frustrating Okay, I gave up No, I have to bring back one of these lines. Don't we? Okay, it works now. There we go And the folks a nice little time to wait for I mean here we've got sort of this sort of mark time I mean you can see where this climbs, but you get a little stop on get a little trade back here Very short sort of snap here. Give you that confirmation much sort of layer on In the time again, it's just waiting on it And sometimes you get a 30 those times will be new sort of releases You can see where we get a market opens market goes one way when it opens They correct against the market because they don't want traders to be in the right direction But this is usually where you'd want to avoid trading 9 30 10 o'clock definitely for the most part avoid trading Unless you've already got your confirmation from news at 8 30. It's just a short wire way to get yourself sort of kill Because you're in either in the wrong trade because you saw something wrong for instance here They saw market open here peak traders probably like to go short They just short into this and get hammers out here and Whereas the short should have been on that triple tap up here much layer on Midday. Yeah, there we go. Midday. You can see when it does stop out gives you a nice little double bottom push it down I mean most pH in Where was it? Yeah, cool Bring that back almost look at this Well, well, I have this up actually and again, I hate that Oh these these lines. Yeah, the pivots They're view up pivots. They're the decent I've slowly went away from them. They still do some good things every now and again especially daily ones to give you a nice little short range to look up for if it loads very sort of tight range In terms of if it was consolidating and again, it's been consolidating so you expect to break through at some point But they give you sort of nice lines to look out for in terms of okay We're going from here to here. If we're sort of ranging one look at that I'll get distracted What did I want to talk about but this yes Breakdowns of stock market. This is something I think criminally underrated with traders who are new and Only trade off technical patterns. They don't trade off technical numbers You can spit indexes up into its sectors When you I use camera for flop of it Camilla is really nice. Yeah, if you're using pivots, I'd recommend those That's why I sort of stayed away from the view up is something that was very many with But generally if you're using Camilla, you're probably not You're probably not too far off from decent pivots, but again, I'd stay away from being too reliant on anything other than Volume as a guide The reason why why I wanted to bring the sectors up is mainly the information technology one It's a nice way to sort of look at Where the average of It's going in terms of Bitcoin and stuff like that but they trade Relative power shakers. They're both in their own bubbles being hyper inflated by ego maniacs That control monopolies again Very very nice You can see the 200 a day like it's insanely high and these are mostly Stuff that was down during the pandemic and easy to tell why it would be up against its 200 day Or it's 200 day be increasing exponentially due to the fact that During the pandemic it was garbage and and utilities especially was really high during pandemics So it offers you need to cause correct, but again these had Nominal very bad days in pandemics And then obviously cause correct consume a discretionary to being sort of retail essentially So these are nice sort of things and you can find them freely available on bar charts and you go under stocks You go market performance and you'll find them And you can also find them on trading views and you can do fancy things and trading view like doing ratios Ratios is a nice way and I've talked about this for those who've been here ratios is a nice way to figure out Out forming if it's for outperforming sort of at this index, so it's not that from the index You're probably looking for it to sort of kind of come down generally because It's just doing better than everything else. And I either find a reasoning why it's it's probably Probably due to certain factors gain defense being up off course due to war That makes sense If you look at some tech Finance being down force again. The finance just looks very finicky tech being up. It's just Just a massive bubble Again tech being up off. It's it's small little crash nose dive here where you just under formed everything There's like all no return of the king Come back Aragons helping them and Where am I going with this? No way But again, they're nice to look at it's super easy games find the ticker and you can do that Just use a divide button gives you give us a quick and dirty ratios No, I'm done check why I need to check on this anyway Back it comes It's the SFP Oh See, I'm a largely stay away game. It's technically out of decent grouping itself up slowly I mean, oh god down that it just smash through there. You can see where you smash through there starts collecting longs comes back down And I think I tried for you try this last time as well but Because I don't look at this point in my spare time. No way, of course, it's gonna be garbage price action What do you expect from a garbage coin? They mostly do garbage price action in the right one, but garbage price action aside The guess is it's fine where it is. It's probably probably worse for the where I Mean it's between it's between Is that the lower bound of its support? So it's got some Some grace coming in here But not too much. I mean if you can find its way back up to 50% of this sort of weekly weekly little pivot here, you can see great pivots on this Don't even need to pull it It's no it but it comes back out hits into here if it has some life if Bitcoin has some life But generally other than that, I don't think he has too much life out of it The fact that we're opening green today shows it's probably a bit scary for most traders and Probably gonna sort of Sort of flash red on open if they if they get greedy with it I mean bitcoins right now pinning to this sort of daily imbalance. You can see that massive long collect This is the wall. We're looking for it to hit into resistance Finally back into negative. So we went plus 800 on justice move here And it took us I mean it was a long time to get minus 800 how short and fast they did this So they can easy reverse this and I think they will at some point. They just cleared out early shorts So you're looking for this sort of hit back down now Probably flash red on open I think it's probably the play because they're Pretty they've been pretty liberal. So people wake up. They see this like, oh, cool. It's green today I'll probably want to go long Uh But outside of that Not really too much, uh too much save for it Uh, it flashed maybe could go a bit higher just slightly peak the head But nothing sort of solidified till 10 o'clock once we hit that 10 o'clock and we get that range spike if we end up If we end up slowly but surely increasing higher and higher until 10 we're just slamming it down. That's that's your short signal That's like, oh, yeah, cool. They're just they're just doing it to make people They're like, oh, it's gonna be a green day. Come on. Come on. See that see those dollar signs It's waiting for you a surefire way to uh, figure out if price will probably like to continue up is if you see these short breaks coming in here and these short breaks could be sort of Very short or depending on if they collect enough to drive price Marginally up to grab the sort of remainder of the lower contracts It just needs to inch price a bit higher But they're being as efficient as possible They let people breathe for a bit and let people try to get into a short If they grab that then uh, you're probably looking for it. It's slightly It's like it's slightly increased higher What you want to see is slam far fast up and move away from that from that area fast possible The faster way they move away from the area the less chance people are likely to enter in uh, with them. So that is just uh any reminder So it's setting up higher, but again, it's coming in here. It's it's slowly but surely, uh Breaking in so you saw that small little glimmer of green here It's buying time Getting these shorts coming back in they might reach for that slightly higher get as much as they can Before sort of hitting down Look at that. Yes, it's doing pretty much the same because you have it gapped on this here There's the volume you can see just open here. There's a lot of pages just Coming in just saying, okay, they get filled here or get liquidated. So their best prices are being here So they got a lot of people, uh, we'll see if that if they reverse on this or if they extend it just a bit higher to, uh A 40-15 they hit 40-15 then Maybe they get satisfied and with that and pull back down Come back into sort of support territories Let's stop this This is one hour one hour line There we go There's where the volume's out for the one hour You can see when they started Increasing those longs as soon as they reach above here And they'll probably do the same. So it's Short term you're looking for these two, uh for pivots Uh, I mean we're right now 50 and they don't even need to pull out I'll pull out a fifth those who don't believe me. There you go 50 bang on there just coming back into there and eyeball that any day It looks like they're already sort of, uh easing up and I think they're going to do the same and not really Small amount of easing but they're just sort of trying to reach for as much as they can I think grabbing these off the table is, uh, I think the last sort of move they're going for Uh, the more they grab the more it looks, uh, scarier Uh, because then you start seeing, uh Seeing potential for a larger and larger sort of drop and the faster, uh Faster moves down as we aggressively move away But with that being said just sort of If we sort of come into here We see sort of heavy shorts get accumulated on a downswing, uh, and and reach sort of here And we start collecting shorts just above where we initially had shorts here And you're probably looking for that as a support. If not, this is not off support This is going down just all depends on how orders, uh end up coming through and if they get the traders, uh Trading the way they want it Very large extension high Like it's going for blood Again, this is, uh, these are times where you get your patience gets tested So it's either reading now potential You know, this is stupid to read it now, uh, but again, if you're not in the trades like, oh, I've seen this going by not waiting Again, this is why you gotta have zen like patience sometimes Sometimes it's better to pass up a trade that you're not 100% sure out for a future trade That future trade might be minutes away. Damn. I dropped 5% of my frames this stream. God damn the internet's garbage. The hell Very unhealthy stream today Uh Climbing up higher, it's getting thinner and thinner. They're just fishing for, I think orders to come in The fishing for breakout traders for the most part Uh, doesn't really look too interesting uh to me Again They don't get like large explosions of volumes. That means they're not getting any new, uh, new stopouts because They're not getting mass exodus of liquidations. They're not getting that large entry. They're just fishing. Uh, it's just slow burn up They're seeing if they can catch any more breakout traders before they sort of penalize them for entering out on on this sort of breakout Getting small short breaks here, but again, nothing sort of too, uh Uh, too much of interest finally getting a bit more long gains a bit slight over here This is why you just got to just watch the orders see where they're going Where they can possibly extend to worst case they extend to back at these tops here It'll be a very aggressive move coming out of it. I mean not really too aggressive, but relative to the breadth that we had, uh Coming in for today this, uh, generally sort of There's your range coming for today. There's your sort of Asia setup So this was where you get your actual stop out of that range. So if I'm stopping that out Make sure you draw that on the charts You can see it better There you go There you go. You see where they close the volumes come back in where they get they got the shorts Squeeze our shorts. They're getting these longs. There's the fishing at this point. They're still fishing again It's getting thinner and thinner they're getting less and less people willing to be long So once they get that people who are no longer interested Looking for this I think worst case, but It ends on the sort of next one. It's got 10 minutes for that and that's market open So maybe they're just holding it up for market open try to get people long Once they get those people long and you can see uh, they're just doing it on the ear as well Once they get those people long, they'll probably uh, see if they can drop it, but That's something that you probably want to anticipate ahead of time In far or to one final run through for those who just joined on just forgot everything I said Uh two places today, uh, it goes high It goes high. You're probably looking short around 10. We've got a speaker coming in at 10. So Come in here if it holds these levels here Up until here. There's your buffer It holds this with relative strength and you see those orders coming in here That's probably where you try and take off your shore and ideally looking to be long You can skip the short wait for the wait for the potential long It just all depends on it If we do it prior to sort of 10 o'clock, we do it with inside that range set up They come in here. They're probably looking for an internal trade here Then they're going probably again Just depends on which step they do it then they just go for a little m here a little cheeky m Double top. They stop it. These traders out at a later date. They want to look for heavy shorts here to then justify this higher move Once you get that heavy short caliification, you're more Confident in that long Again, just all comes down to if you have that trade order I think they've finally done the texting shorts. I don't really like that but It's just what we are getting dealt with. Hopefully they move faster fast enough away that We get saved from everyone's tone foolery Uh bitcoin same sort of sentiment just different numbers. Uh Again, you can see how thin this top is where you're just Fishing for extra little trades becomes back down hits into this area As your first level if it goes down a bit lower, you're looking for All the way probably down into sort of the depth of sort of hell all the way here Worst case but You're trading around this sort of area here generally For this to be a support get that heavy short once you get that heavy short down that down swing You're probably looking for a bounce if you're looking if you get that if it doesn't give you that desired sort of Every short with that accumulation back at their previous area It's probably looking for a swing a bit a bit more further down Maybe even taking out that new york with it or just continuing further down So those are your sort of two places today Just pay attention to which way the box is moving again If you think these shorts come again a bit heavy and they get a bit heavy-fisted, you're probably a bit Bit likely to expect Further extension just sort of scrub out all those sort of degenerate traders who trade on The highest margin probable But looking at how heavy these sizes skewed It's looking pretty sort of decent to want to undercut this first If you get those heavy shorts again first step at these then next step at these levels here Then you're looking for that to then be support if you don't get those shorts coming in It's just going to continue to free fall until it sort of collides In terms of times you're looking for you don't have too many times outside of 830 which already passed You have a speaker coming in You've got eight and four weeks decent but not too effective So Standard times for today 10 and midday that's about it. This is essentially midday about 1130 Outside of that nothing else look for And that will conclude today's stream. Thank you guys so much for coming. Hopefully you guys enjoyed it Hopefully you guys found it educational Trade safe guys, and I hope to see you guys tomorrow. Peace