 Good morning everybody, welcome back to another stream, hope you guys are doing great. Let's get started with yesterday's review and what went well. So yesterday we sort of came in with a bit of a mixed bag, we said a lot of things could potentially happen and there was a potential greed play for that lower, we've been looking for for quite a while, we should never really come to fruition so I think they're just going to leave that lower part open for the better half of the next point. So it's about potential sort of retests at this area here where we have that range. So if you go back and look at this in terms of this point here. So like I said, there was a potential of price doing this and spiking high. And I said not to buy this and I was right in doing so as it instantly came back down and gave you that retest. So this is why you want to have and exercise some level of patience in life and just wait on that retest. As soon as that retest comes, you can go fish and and and just step into that plans back into sort of 50% of that weekly range that we've been developing and just trading in since Monday. So Monday is that expansion that we had on Monday after that sort of really sort of heavy sort of drop. Back into sort of retest this area, just sort of mellows out here as you can see trading on the top half, which I mean, building sort of a mildly sort of bearish case. I mean, it's just building a bunch of longs here. If we can sort of look at sort of long term analysis and just look at sort of higher sort of timeframe sort of points within sort of daily. I mean, last couple of days, you can see that the just the time spent and the volume sort of bended at this area is sort of feels like a lot of sort of buy volume just sitting here without any sort of sort of push down sort of one further and lower sort of prices as you can see here. They sort of kept it to sort of this as a mean and so sort of keeping it and pulling it down into that sort of 50% that we really wanted. Now in terms of push ups, you can see that sort of this area I did suggest within the sort of the discord to go along here. It's just purely based on the fact that you draw out retail patterns. Retail tells you as soon as you see the break, people will go short. You see it into already preexisting cluster here and that preexisting cluster in validation would have been here. Where are they would have slammed stops? So you've been out by then, hopefully if it came to that, but it did not. So they got a bunch of shorts off, slammed those guys like retraders trade wrong and just decided to go up. This was also predicated on the fact that ES had a closing similar in nature to this. If you go over to ES, you see it's very much bullish but within the sort of closed as you can see here. The end of the day was pretty much sort of long volume here and was very much an iceberg short. Again, talked about it on the discord. Talked about it on the discord as you can see here. That's sort of this area here. You see the large sort of iceberg that comes on here. So we know a lot of a person went heavy sort of short. I mean, that stops rather a bunch of stops were hit on this sort of point here. They went fishing for those after that. So they just stayed above that for a bit. Let's sort of go into this. There we go. Clear now, there we go. As you can see, very large sort of point here. Waste took a bunch of stops, a bunch of stops were hit here. Stayed above for a bit and this is sort of very nice. Sort of see fish fishing, fishing. Third time's a charm. Each time lower, that sort of turns down back into sort of the VR. And you see the iceberging happening here at the end of this sort of session. When we're sort of climbing up, someone went heavy sort of short. Then we are mostly along to sort of the Asia session, Asia open, we sort of mark out our spread. Again, time and time again, I've said this. It's very sort of important to do that. Yes, that was for 800. God damn moon boys. Go mark out your spread. There you go. Do that there. Start zooming out. Again, this sort of forms a basis on where you can potentially trade and sort of gives you the initial sort of trading range for the Asia and to some extent London range. So people always talk about Asia range consolidation and it's for good reason. If you start divvying this up here, this becomes 50%. And without sort of knowing in the future where price may have been, it sort of tails to this without sort of giving you a top and bottom. Just by understanding sort of the spread or the price, the person on open set in terms of giving the sort of the best on either side was here and here. Then we got actual traders coming in, meeting onto this. So someone actually finally put in a bid and offer into that market. So it's very important to understand and it's a very sort of, I think I don't, at least I don't hear it as talk too much. I hear it within outside of the book map and this just gives a whole level of understanding to sort of the Asia consolidation or Asia sort of push. But you can see that it pushes in and the key thing is you don't really care about how it trades. It's just where it sort of trades outside. You can see that sort of comes in at London open. So this would be the London sort of consolidation. I mean, so London sort of stop hunt and then pushes off of that. Hindsight trader, Hindsight is always 20, 20. But as it sort of pushes out after that sort of stop hunt within sort of London, it sort of starts climbing and pushing in. But sort of still covertly bearish. It's just, we expected it to rise a bit higher but not by this much. Just to take out that iceberg that we saw here on that short side. So whoever was here is just having a bad time. He entered in with what, a 1,500 position and that's gonna get liquidated. That's not gonna get margin called. A large play like that would get margin called but that's gonna become highly unprofitable soon or already is to some certain extent. It might be a sort of thing where they just averaging in. So this ain't even the final form. They will average in a bit later with a higher sort of bid and then pull it down. Right now in the pre-market, 4,000 looks very sort of static in terms of hard resistance. If you start zooming in, you should get sort of a relative, the stick colors. 20 minutes to swap a token. By that max down to zero. Like, oh no, it's worthless now. All the time spent. No, what do I do? But yeah, as you can see, sort of it is pushing itself up. And I can only get sort of look at sort of the daily sort of makeup. We already know yesterday was pretty top heavy in terms of that sort of Delta longs. As you can see sort of these breaks here, heavy sort of shorts in terms of understanding where we can finally sort of get traps and where we wanna look for traps under probably a break between here. That's where we start coming in. You can see we're developing some resistance already in the way of these sort of breakout longs here. They're allowing them to continue to some certain extent but generally I think coming below some certain point here. So definitely sort of retesting, re-adding and just starting to push down to sort of present a better argument for a reversal. I would say we'll continue on this trajectory downwards just purely predicated on the fact that it is a weekend and people will most likely be taking money off the table at least from the side of retail. So actually now I think about it. If retail is taking money out because they wanna pay themselves for the holidays, I mean, because market makers don't really pay themselves until they go, until December-ish. They don't really care for like Black Friday deals and whatnot. If anything, that's times they make money. Dump it. I think it's a pump it situation where prior to sort of like prior and leading up to Black Friday, it punishes, it sort of makes sure to entice you to keep your money in the market. Then as soon as Black Friday hits, like they hit you with that, oh yeah, oh man, you're gonna buy gifts for your kids. Oh, what happened? You're gonna buy that new TV for yourself? Oh, maybe next time champ. Maybe next time. There's always next year kid. I do wanna look at history. See if I can get all the history off of this week of the year since, oh yes I can, since 2003. We're apparently in here. As you can see, history does not lie. It's just pretty much one of the worst weeks leading this. So it should definitely sort of close down. I think we're currently already closing down anyhow. But the average mean is about minus 4%, sort of maximum 3% was on that sort of day, minimum 4%, but generally it is more of a sort of down week. So again, fits that sort of narrative. Let's sort of punish those who want to actually have a chance of buying new things on Black Friday, like and just say, oh no, you lost all your money. The next week come back, oh, there we go. You could have took some money out and then have some, the market's funny sometimes. The market's very funny sometimes. Let's sort of change that to a weekly chart, see how we're faring in terms of, sort of longer time frames has been a long time since we've looked at that sort of data wise. Ah, dammit, I made a mistake. I know this doesn't really like, I don't know why it's just, it's never been able to resolve a weekly chart. It's always errors out. You can see within sort of, within mean, in terms of developing this week, as you can see very large sort of box, but relatively from open to close, it's a very sort of short day, but not very short. Very sort of small amount of movement from close to open, so very small delta. Obviously topped out yet. I'm not sure, let's see, we'll have a look at it. Let's just uncrash this, change for three great. Ha ha ha ha ha ha ha ha. Enjoy, if you need a cut cost. No, no decoding. Oh, excuse my French, god dammit. You guys, you guys I'm trying not to sweat. You guys are making me say swear words. You guys are mean. Ah, and I messed this up. Remove all lines, yes. Weekly, there we go, look at that. Just nice cluster. look at this as resistance like just these at this whole area here and I look at I just came down below if we ever come back to this point I doubt it but what do we sort of look at that well last week Lee has dropped down to a daily I need to make sure I'm not sort of forgetting where Bitcoin is doing it's coming to a view app it's coming heavy on a cluster here so it definitely looks a bit more bearish I mean the wicks tell you bearish otherwise but we know sort of feeling a bit bearish we'll come back to it after we're done with this by the way this is transpired they're having a sale on so I'd recommend checking them out if you miss it it's no issue if you're like still on the fence it doesn't matter you just wait for the Christmas sale or the New Year's sale they'll probably have one anyhow but just if you've been meaning to pick it up and and you're just like on the fence that you just wait for the holiday days they always have sales on sale on and even if you don't buy on a sale or you you can just cancel or try to cancel when you when you purchased it and they'll give you I think 50% off for an entire year if you just say cost is the issue do you use the markets kind of feature only with you guys cuz like I don't know like maybe if I was in my freshman year I would use it and I was back to trading all these all the different all coins and there was enough liquidity in the system to want to do that but right now like I only the only time I've looked at sort of old coins is when someone mentions it in passing I'm like you know what yeah yeah let's check that out and if it looks good enough to trade there and then I set up alerts for it that's the only time I look at all coins but no but have we showed it here we've shown it we've shown it here it's nice way to find coins if you're really desperate of such for the next trend and you cuz you can make your own one with your own parameters how does it become a cell pitch what I'm Greg stop making me into a salesman I don't I don't want to do that no there you go add parent parameter condition and or no templates any of the following none of the following save it own it you can look for what bars you want to look at I can ask you general opening close raindrops lines those contest strategies I think the strategy test is a lot more robust than trading views but but yeah I mean a lot people use transpider that use book map and I know J trader use it think so I don't know yeah use it so it's like one of these tools that a lot of the it's bearish at resolving sort of it's just I like raindrops okay they just remind me of me okay enough of the distractions you can see nice little double top here should maybe see that come down we've got a nice little daily sort of cushion here even the four hours just a bit higher there we go instant peel down expecting that sort of bearish reaction wait for them to have a decent volume profile yeah yeah it's kind of a bummer they do not have a decent volume profile it's like considering how they have a lot of other stuff but they're working hard on stuff so yeah you can wait it out like I said like I said you can do the sort of cancel option if you feel like ah so you don't foam into buying it and just like realize like you know what and cancel it we don't sell your opinion because I think training you does have a better volume profile book that's better volume profile at houses be go to fully is decent falling but I mean I don't like me how do you do the sort of relativistic sort of measure on here but other nights very decent but there's other tools that thing I use it mainly for raindrops but hopefully by Christmas or like after supposed to have a decent volume profile it's a bit smaller wise very much fishing on this on these bits here you can see you saw that come back down to this area keep that up it's still sort of more bearish it's a nice little sort of point even the hour nothing really stopping it from sort of coming back down to sort of 62 61 definitely sort of keep an eye on that actually yeah yeah definitely yeah definitely keep an eye on that to go down so go to you know BTC Bitcoin sort of clamoring right now many sort of pushes that push really high and I think we need to go to the 15 minute time frame came back filled out this void side to side to take some steps upwards clear out sort of stops here very sort of easy to tell if we go back to book map we can see that's at what 1030 so look at 1030 I don't even need to know there we go that's 1030 keep the volume hit that view up try to kiss it a bit realistically it could have been done here again they like to go fishing again what fishing is is go relative anyway what fishing is they just go an extra bit see if they can catch a bit more because I think people a lot of people get anti on like especially breakouts they just buy at random points so it's a mixture or how I would say a healthy mixture of buys stopouts here buys here not many buys a bunch more stopouts then instant reversal but it's really easy to sort of sort of see that as you can see just use sort of your traditional charting measure and use book map understand where two things are going to collide and sort of you understand build up using this sort of Delta in this way I don't really mind trading transpired and not having a volume profile to have a book map and see that sort of came back up hit that into resistance now what we want to do if to go for lower we want to be below this because these guys are a lot more in profit and mean I think these guys are stretching from here so what we want to do now is zoom in get rid of that sort of data start looking at it still looks like very heavy on this sort of side here but mostly sort of see that sort of short see those shorts that haven't been sort of liquidated yet so look at that sort of as you see there's no sort of heavy sort of liquidations and with crypto it's more Easter famine so you expect more on the liquidation side for reversals rather than looking at stops that's why you only look for you can see stops in sort of fast-moving tapes also in the cumulative volume Delta but you can also see and but liquidations also classifies the stops just based on the fact that how they sort of resolve so it'll work the same either way so we see this sort of the heavy short here and we see this heavy short here not liquidating it got liquidations here it's like with some liquidations here so a bunch of stops out but it was sort of hit into a massive wall and absorbed that sort of gives you some level of cause to maybe want to take this as a bounce off maybe try liquidate this these positions here who knows go a bit deeper then try push off that and get a little bit of springboard because we did sort of side sort of consolidate yesterday and then go over yesterday again we sort of talked about that retest area here enough that is sort of hang hang for a really inconsiderate amount of time like very very long time and this is sort of a fine short up until a certain point like up until sort of where it stops starts like past two hours and then this is why you give I gave that sort of a comment on discord is the more this moves this way the less I trust it to do this and the more more it wants to do this because they're keeping this up here for a reason and you see how heavy this is on the long side and we did get some liquidations to counteract that but not many so a lot of people are in the markets right now and we want to sort of keep them then and that's the key as I do a is today back Friday I'm not double check I'm not sure if it's the last Friday or the for the second last Friday of month actually someone can tell me I don't pay attention to anything buy something and just buy it yes it is black Friday today at least if I'm not mistaken yeah so it is black Friday today so kept those guys on their feet like I you want to withdraw money no no you can't keep them on the toes next week thank you Greg next week maybe like it's all those things like I'll have this much it's not yeah second to last yeah okay well it's only the 18th damn I thought it was the last second to last week already I just want November to be over I don't know if him but to be over because do you remember so we're very friend next week no I think we're quite the opposite of what like history tells us to be Polish but we've already set up very bullish sort of this week it's sort of heavy sort of longs and sort of on this sort of buy side here so if we look at that weekly range again and sort of having this sort of week here so I'm come on as you know it's not too bad like you see this week here it just came in closes candle and it people try to trade that short get a nice little squeeze off maybe we end up being bullish because a lot of people will end up throwing it's just whatever the majority of retail does just do the opposite next week I mean I know that's not different to how we trade every other week but I mean like this more so we do either yeah sure sure sure just quickly wrap up sort of high time frame Bitcoin you can see how it's just like even on that 50 so a very sort of anorexia cable I mean it's finding a sort of some ledge here it's just I just struggled to say this doesn't want to go down if this goes down prior to it's sort of all bill shorts it starts building shorts it starts squeezing next week but the whole sort of narrative of like that whole sort of tell things it's more just like a doubt people will be spending anyway just cuz we're in like we're in that we're in sort of by now pay later anyway so it's like a lot of people are like just like putting it on the credit card or like like I said by now pay later where they just don't really care cares to sort of say oh you know what in 30 days I do that again and so on I don't like consumers are just I just like China China create another credit crunch I don't know cuz like in a recession and what's the first thing people default on on secure loans my friend just worried about the grayscale rumors something with scratch girls wait I can just look at the news here gonna be fun but usually a opportunity like a fear is always an opportunity by you taste the fear quite bossy from Amazon fighting came please right for that Friday good luck in getting your parcels so those 10 case if you actually read into it it's not 10k from the what's going the distribution services 10k from other sort of other sort of services like web and so on so it's not really affected affecting sort of the deliveries and on the contrary Amazon's are more than happy to increase their work force because I mean they pay them peanuts anyway and it's not like like Jeff Bezos is about how much peanuts I mean he's plans to donate his wealth at the same time he doesn't want to pay his workers fair wages I don't know like I don't know like I mean maybe like pay someone fair wages then consider charity like I mean paying someone a fair wage could be it's it's more humanitarian than charity but I mean still couldn't be considered unformal charity because you I mean you made them point in the first place but I mean is that that's neither here or there that's not get distracted but yeah it should be fine something called corporate called a dietary yeah I've actually never heard that impression let's let's do a googles the googles corporate is a method to reach the common oh that's cute that's cute okay uh we said we're gonna do a theorem and I got distracted Greg stopped tracking me uh but a theorem uh it was a lot more better uh I mean the previous of uh day you sort of look at that we sort of saw that sort of come back into that hit into sort of this sort of higher volume note here took took a very sort of large swing and fishing and then just decided to just fly off the greyhands or give you a couple of retests but generally just end up falling I mean this could be this could be yeah actually sort of mildly version and I would have said so as such and it sort of just came in and just collapsed on itself uh I mean even now it's sort of giving you a nice little head and shoulders and that's sort of was perfect opportunities short and I think this sort of short may carry on itself to here because if I'm not mistaken and you guys can feel correct me if I'm wrong is the stop placements for head and shoulders is at the head or the right shoulder I don't know where you guys place the stops each bc equals rip have a look at um uh but if you guys yeah uh if you guys look at that just like look at look for like the stops uh to get hit if they haven't already got hit if they got hit uh because if the stops were here uh by retail they'll uh they'll you look for that but if generally if if if they're all the way down here push down high 10 frame okay yeah sure sure I know I know it's like oh yeah oh okay but down I mean it's got a nice little volume range up so let's go on like super high time frames ah nice little cup and handle and even though we don't trade those it's nice to sort of acknowledge them there we go but we trade sort of volume nodes so there you go you see that slam into here high sort of high sort of volume so high roof shuffling here I mean yeah like like like we've been saying east has generally been looking a bit more bullish nowadays I mean after the whole sort of sort of collapse uh and sort of ended itself basically for a while and before sort of coming back and sort of having senses we're thinking about us cat yeah sure uh let's sort of look at bitcoin if bc then I'll go us cat so coming up into here pulling down east east down yeah you'd think like over the last couple of days that it would have been doing better but I mean it has been moving sort of sideways when bitcoin was going up so that does explain sort of this now it's sort of at a level where it's starting to reach sort of a volume area where we've sort of reshuffled between the two and we've exchanged some hands over so maybe from there we sort of pull it up because I mean the sideways movement I mean we're on a retail side for uh eth and we're on like a bear side for bitcoin so maybe that's something that you want to consider I was like is this the same chart it's so confused uh nice okay cool let me over to daily you see came back all the way slammed into a weekly level here that would have been nice by I can say just just like take these levels put them on your chart start religiously licking that you're licking your hands is that expression I feel like that's not the right expression licking your lips that's there we go start licking your lips like um looks nice uh god damn extracted you see the sort of heavy pin just went sort of a wall off of this let's see how far it went from this point ignore that there we go we're in about 65 sort of pips uh pretty sort of pretty decent sort of stretch actually so 75 would have been I mean 75 to 100 rather would have been in sort of an area so maybe if you enter in actually no that's actually nice so if you saw 50 plus 13 now you're still going to get stopped out yeah it would have been an unfortunate basically it would have been very sort of unfortunate basically this one and you may become back in and sort of trade it a bit a lot later uh but you saw it coming to sort of the weekly level anyway and from that sort of weekly level sort of uh catch catch yourself a bit higher yeah this would this would have been like one of the very frustrating trades ever you're entering on the exact thing maybe you're stopped was just off by 10 pips and you're like ah you're eating you're eating yourself alive just because of this not even by 10 pips by like what two pips you're your trade ah I would have cried that would have made me cry find resistance on these sort of one hour territory here and here so pulls up want to look at sort of uh sort of time frames uh what's a good multi-chain bridge the one I'm using is uh slow uh with multi-chain bridge which one are you using now and why are you trying to swap that's because I think they're all so period yeah I don't think I've ever met one that's fast well the answers let's go back took out this area here very sort of large sort of stop uh hitting that sort of volume area here we've already got that lead up so this is sort of leading into sort of higher sort of volume traps uh coming into point of time where it is uh leading into sort of Asia maybe if we I mean not Asia it's leading into the sort of the New York open we expected to move a lot more sort of bounce hasn't given a retest here I mean it sort of gave a bearish retest here just filled out that gap pushed above so maybe we look for it to uh I mean it's already sort of pinning itself uh on this maybe look for it to come down give herself a nice little retest undercut sort of these long entries here then from there we see if we develop a nice little range and it's trade with if we bounce on it we could uh so just like identify sort of the New York range so there we go so already on the slightly bullish side yeah I guess so Asia consolidation was very nice yeah it's very nice it trades high bounce off of that I mean it's slightly larger so now they're sort of moving higher into sort of this territory we'll see if this sort of leads into just sort of trading into sort of this area this area wherever ends up going uh hopefully doesn't go up too fast uh prior to 10 if goes up 10 glam push down easy sort of counter but generally we've sort of taken out stops and we saw that sort of volume develop there so that's sort of what I think currently until finding itself right now so again maybe catch the catch itself up uh sort of these sort of volume node where the sort of body was that of clothes and you give it a slight buffer I mean it'll be a pretty wide swing uh so 1.33773 uh that's a lot uh then maybe from there you sort of target a lot lower uh well you start here ideally but yeah generally not too much same and we've been going up for the past couple couple days we've just been consulting give ourselves the weekly range so look at the sort of the volume delta here so this is the entire start of the week you see how it sort of starts trading here it's trades into that volume tips that and nice sort of foul high here uh in terms of uh Monday high again pretty much very far away from it so it's already uh classified outside of a potential sort of stop on I mean not really 800 the sort of maximum but I think hundreds all the way up here in terms of pushing it from here the entire week range is it's very sort of you know it's very tight about 100 there you go about 100 for that weekly range which is considerably tight just bouncing came back retest this came all the way down to that weekly view at push down could see extend a lot higher uh if anything it's it's pretty much got the okay all clear so maybe we skip that retest in some extent but it's I more ideal if you can get it because it's I don't like chasing running uh runners this isn't just not my style so if you told me this what maybe a couple of hours ago uh could have could have saved you uh could have made you something but right now it's sort of it's mistrade and it's just it's now you have to sort of buy your time and wait for a opportunity short rather than be entered into a long uh and it might be sort of ill advised to try and sort of uh what's going in so uh promo into a long because we have this sort of massive void of liquidity that we can sort of enter into for the previous sort of a week uh and the previous sort of uh open previous week high sort of see all the way here but I think we look at the week open especially considering that's where we have that liquidity point at end as well so there's a lot of things that could happen a lot of nice things a lot of bad things but generally more nice we've already reached that sort of point that we looked at uh or we've already said there we go we're already up here after that volume node so we want to see that buffer publishing that okay so that's not getting distracted start talking about some more other things uh yeah it's just doing nothing uh this is just like no nothing uh so we saw that sort of lead down the shore reacting more long here we're already pretty much below here I think I think it's sort of better to say it's still sort of considerably a bit more uh standoffish as a downward sort of trade here uh again it's more just I think to take out liquidity than actually well and truly bullish bearish rather so maybe look for that to sort of end end the day down see if we have any sort of major news uh coming sort of help us in sort of identifying anything uh right now no nothing so much is pretty quiet uh we've got a speech on a saturday so saturday might be spicy uh see bank of england speaks but yeah nothing sort of I mean fud fud fud collins speaks but no and nothing sort of too much I mean home home listening home sales uh might be nice to have in october uh people it's going to be bearish like it's forecast already and we already know we're in sort of recessionary territories where people are less likely sort of to get get credit uh get credit get do anything outside like spend wise spending heavy if unless they have the disposable income to do so and it's it's very sort of unlikely they do so home purchase is expected to be down but yeah this sort of pinning up into here giving us a little tipy hopefully we can get that sort of give us a nice little retouch and I know it sounds like a greedy play but hey what can I say I'm greedy and I like being right but I mean we're already expanding anyway uh so that's sort of where we sort of want to push off of I mean we already got a push off of here could have been nice uh so then that's where we're bearish at again very large sort of void we have to pull out very nice on the week in terms of consolidating wise now what else do I want to do yeah let's go back this is when we go back I mean is there anything else really too much to say you guys have any more questions just feel free to ask I'm probably gonna sit and just wait for questions if there's no questions I'll probably just end it here have a good one have a good one yes okay so no more questions that sounds like great wait and hopefully you guys know what you guys are looking for today again stay safe crash down uh do you trade on a funded account no I don't trade on a funded account if you mean funded by someone else no no that would be nice no it wouldn't be nice no that would be nice yeah no uh I don't I don't know how I feel about that actually having someone pay for an account for me yeah it feels weird uh but no I don't have a funded account it's self-started but I mean other than that I just don't have more questions we can call it a day uh and I will catch you guys tomorrow Monday peace