 Welcome everybody back to another live stream, hope you guys are doing great This is me, there's my channel, there's my app, there's my discord General disclaimer, you guys can read that Because you know how bad I am with reading stuff Just know that everything here is educational and some entertainment, so edutainment I guess The main thing I don't hold any liability. Okay, not that I give you guys trades anyhow, just give you guys Scenarios Works out better that way Is that out of the way, it can get started, a lot of the interesting day yesterday Is the best way to describe it, got a very large disconnect between ES and Bitcoin, which is always a fun time It always means something is a miss and something fun is about to happen Generally speaking I mean here's what I mean by disconnect is if we go and roll out of spy spy just didn't Have the best so I mean it did what we wanted it to do Ideally we were looking for it to just swipe low and it looked high So we wanted it to come down and ideally this Would have bought this down, but again, it just didn't want to come down and this is essentially known as of A disconnect why I like to call it a disconnect Just because again, usually they like to move together because one is usually more Link to the other that you should join down their hips But in this instance, we got very large sort of disparity coming out of it and Now we have to come into the conclusion that okay Does spy continue going down if it does Bitcoin will aggressively snap down towards the lower side. So we're looking for a potential to short that Still sort of climbing very high now sort of the key point to look at book maps you how the books are sort of coming out It looks very empty on the top side sort of start zooming in see where they start coming out of the woodworks Do you want to load up spot pairs? Well? See sort of clean sort of buys coming through sort of liquidations as well. So it's a mixture of both sort of longs and sort of retail sort of buys Causing this move. I mean We did sort of theorize that if we did swipe low, we would go higher but again, we're looking for lowers and hitting this low and then Going higher Because this is just I mean sure we had a couple of shorts here and there But pinning to here collect what some longs Paid out some of the longs, but I don't think most of them are played out and that's that's the only reason that Looking at this is just doesn't make sense and looking at what yes did It should have just done this with yes been at the bottom and just been happy here, but instead it just sort of came out and Decided to take everybody for a spin and still is back all the way up to 3k and a 30k rather very interesting to say the least and All the way up to sort of this liquidity point here So we're sort of getting all that liquidity just readily available So for the taking we'll see if where we in ultimately end up Because remember there will be a time where it just ends up expiring and this just comes in and just says okay You know what guys enough enough It's time to come back down to reality And I think you'll probably do that on the open and we got to sort of watch out For yes, because I mean it is getting our double bottom. So you might end up coming out So we might just have this reprised so that this ends up going up and this ends up carrying on a bit further after sort of consolidation, but Wednesdays usually a day to sort of I mean this is clearly well built above sort of any weekly sort of periods that we'd look for It sort of cleared out that range Well and truly very easily Slowied down some but now we've got to look out if this well and truly slowed down Or is this just a nice little breather for it to then come back alive? Looking at all this you can see where we had that mass panic cell We already know that then pushed out I Sold some here, but again just making all these guys buy up here Do you have some walls up here? So it's sort of worried just to sort of wait this out if you're not in a long And again, you've got to look at it. It's just like okay Why is this side? Miss this holy Even though it was a nice little stop hunt easy trade up Do you miss this? You see this like okay. It's coming back down. It's coming back down to retest finally got something in You didn't really miss too much if you look at this entry versus this entry Maybe you could have got a better stop at this entry, but at the end of the day If you get blindsided you get blindsided Because you're expecting one thing but another thing occurred just I mean looking at this is just like okay This is what we wanted Bitcoin but we did not get that and that's always always a fun time so now if Yes continues to go down and hopefully it does Bitcoin will aggressively snap towards with revenue snap down to and Hopefully we can get that 24 500, but Again, we've got to be super aggressive and show that this neat wants to come down But looking at how things are I mean I don't want it to come down today Because then it won't just be a nice little down. It would just be oh We're just coming back down. We reprice up here just for the sake of repricing and Thursday comes We just smash it up and on the other way But generally just looking at how this determined itself again We've got now a bunch of new longs. We've got all the liquidity from the short side out so We'll probably will like to hold this here for a bit Because again remember Thursday and Friday on Newstays, so Thursday and Friday will probably be where The true moves end up happening. So instead of getting that Little shallow Down and up here. We've got this massive bend down and usually just wrecking everybody in the process Because right now all we're really looking for is Well a Point to come in to short it. I mean may it may happen later today, but Ultimately we are looking for points to do that Google I mean Google earnings went down again. That's nothing to be surprised about. It's what we wanted in stock side of things everything as Expected it's just crypto just came in and just did said, you know what? grew you guys Grew you guys. I don't believe it. I don't believe in price action. What's that? No, it's jokes jokes side. I mean it's still structurally a short I mean we've got a long traps here again. That's sort of where we have those higher level spot bids It's off pinning very shallowly here So the volume on this half is a lot more than the volume up here Now we've got a close below here if we start Consulting up here easy just like this down on the Thursday and that's I think What we're waiting for it should I think this just ends up being a stakeout day unless you see something just obscenely easy to trade It becomes something that a day you want to avoid essentially Just looking at how things end up developing But yeah, very much surprised and I'm not one that's off and often too surprised But she after doing this for so long But yeah color me impressed Let's sort of try and load out so into two hours just to see the backfill of that Actually, no, you know what spring out 96 bring out the big boys. This is gonna chug my system Again, it's nothing you want to short right now, but it's something you want to think about shorting essentially Because right now it's this is where Rita sees like oh my god It's just going high either one or two minds people either buying or people either shorting In this instance, you can see people are buying up got some shorters coming in at these mini mini pullbacks coming in at the one minute and Look back to the one-minute chart here as you see the mini pullbacks people are just shorting like there's no tomorrow So it's something that you want to avoid doing because that's where that's where good traders end up making mistakes Just at these sort of pistol points where they just come in too early even though the direction and the bias may be right They end up coming in just maybe what half hour too early and they end up getting wiped out or just get chickened out of a Trade just because they came in on a candle that they were not meant to come in. Good morning. How you doing man? surprising day yesterday, no very surprising but we're well above anything that could semblance sort of Along here, I mean Unless Yes decides to say, you know what forget about everything we reprised Bitcoin up here 30k just so we can have this balance out here. So can bring this up when we bring this up But other than that that's you there's no other way to go along here and Just the way things are moving with the yes, I think it does end up just retracing a bit higher and It would be It would be nice if we got a bit higher from ES because then it would just start consolidating in this area here and It will start sort of building what we need to build here and I mean worst case we get sort of up here. We consolidate swipe up here get the last amount of buyers that we need come in on the spot trade side and Good morning book map and looking at sort of how this wall is here. It's just not nice little pressure wall for us Just to sort of hold price here and just say no, no, please please continue to buy or if you're shorting you just If you're shorting You're shorting into sort of by walls so we can squeeze you out to hit into Potentially a bit higher on that spot side of things. So That's something that like I said you want to avoid shorting here because retail see this They're just like, okay, it's really high the only logical thing to do is sure It's pulling back. So they get that pull back. They short that pull back. They just get it Sort of etched out And it sort of falls in line with what ES will most likely do again. Yes, did exactly what we wanted to do yesterday So no surprise it if it doesn't exactly what we want to today again Highest you could potentially goes up here fill out this area here consolidate Allow Bitcoin to sort of squeeze out the early traders here push up to maybe sort of where we have these walls And these bids up here worst case And so they end Wednesday off up much higher than it needs to be then come in and take out sort of Thursdays With the help of news Because if we look at Thursday, we do have What 830 that's always nice again Doesn't make sense that how high they're pricing in but again, usually they price in with the forecasted so Probably going to look much worse than forecasted. So How bad they actually are Well actually is terms of number wise and this just initial jobless claims as well as always a rough time Especially if you can get bad numbers So it's just very suspicious to move the market like this whilst everything else is moving while adverse to Now we can say for well What we can say was relative impunity everything short here is gone. So now this market is just Longs and long liquidations And spot buyers or some spot buyers not too much Again, this just looks like a move that was derived from shorts being liquidated Seeing some spot buyers coming back not too much but again We don't see near enough volume as we do on That of futures like everything's happening on the side of futures That's 2k on the CVD. That's always a nice time That's usually where we like to round off for the day. I mean yesterday we ran it off around it What 1500 so we still continued off after sort of collecting it down at this sort of area here With the day changeover That's that day change over here that smaller consolidation again That's where people short this on these minor sort of pull backs again Just looking at how things are pinning their sort of pinning before the session and just consolidating during and You can see how London just came in at this sort of point and just decided mash it on the other side very much sort of Uncool it's considered a Uncool move No, I'm not ready. I mean the way again Yes, lovely Lovely jubbly but Bitcoin not so lovely jubbly in that minor pullback again. This is times where you just say no Not going to enter Until you see sort of a clear cut sort of definitive again And you'll get chances to enter much later on if you if you are safer like I said You could have missed that really easy bottom and and I'm not in shame to say that okay cool miss this easy bottom because looking for that much bigger deep down dish Instead got it much later on no harm in getting it later on as long as you're safe about it That's that's the only thing that matters And because you could you could pay out two scenarios with this so We need to wait for a bit miss out on the trade because entering on tears not really Not really advised just because entering into a what high-end consolidation It starts collecting a bit a bit of a long sort of streak here back here There were long so streak so you're like not really not really where you'd want it to be There we go back all the way back here. So yeah, again, that's collecting a bit of lungs It's a mixed bag not entirely short, but no entirely long but this here. That's a lot That's a lot nicer. That's what you'd expect from a pullback everyone just shorting everyone shorting everyone shorting Everyone just getting ready that potential drop all the people that went along here getting punished And that's where you'd enter on into this again You could easy miss that If you miss this you could you miss this you come back for this again it's a lot safer to do that and You don't have to beat yourself up about sort of maybe trading this short getting squeezed out then coming back in getting short Like oh, yeah, it's coming. Oh, nothing in squeeze that again It's just readjusting sort of your bias and after sort of watching it move higher and whilst everything did move lower again So you coming into everything's moving lower is moving lower If moving lower and then it's at a bottom here and you can see it's at a bottom Where this is at a high It retraces back it finds its bottom here then pushes on with pushes with yes up Into Asia. So again perfect sort of opportunity perfect sort of opportunity that lines up this sort of Everything again, where is this consolidated during pre-market or sort of London Asia and London this sort of just went haywire and again pre-market went crazy as well. Whereas this just didn't do too much Our only sort of saving grace for a potential sort of decline and an instant sort of trade down without going So far as to get these highs would be just to stop short on this area here Or stop take out liquidity Then pull back again. We've got this nice little area coming from Pre-market and Asia and London Say that okay, this is a nice area of volume that was developed nice little price action Nice little stop where they just want to price below this point So we have stops that would naturally be here from traders who traded below the line So they will place the stops at a safety at these marks because they see this thing. Okay, that that looks nice That looks a very easy way to place a stop It hit that and they push down but again, you've got to just pretty much be sort of very Again, it was this being at the high at this early on Uh, it's something that could easy just fade and you miss the trade But generally you you will get time to sort of wait this out because you're getting people going short already If instead people are just clamoring to be as long as they possibly Can be without sort of any care in the world and I would have said, okay cool that definitely Seems like a short but that would have missed you'd have missed it anyhow Because you'd have to grab here then seen this just instantly go down But here it's just sort of letting people add into and pile into the short We're getting a very very already large sort of delta coming out So sort of safe to say that okay with this in mind, we'll probably have some Some availabilities go even higher. I know you're looking at this like, ah, god damn it Still But yeah, there's that still scenario and you can see people already So on the spot side just panic selling and just selling into these bids So they're just holding out price here and these are what these bids are meant to do anyhow They're just meant to apply some pressure. So if people starts panic selling on on mass They can catch that with relative ease without sort of just Having to catch a sort of falling knife much lower than they anticipated and losing control And again, these are just here They're just here. So to manage the flow of orders so they don't lose control of price Or let's say if someone just randomly panic sells It hits into this before we can go all the way down to here But very impressive management is sort of holding it down Sort of look at other things in the meantime that will correlate to Us Everything's all green now Then you catch everything much later, but hey, you're still sort of rewarded And everything sort of yesterday just pushed down It went with the sort of least amount of aggression as possible before going up higher Then it gave you a point to come in at a later point In time So even if you did miss the bottom entry you could have got a nice middle entry for it to sort of push out into this hire But now we're sort of coming to a logical stop sometime We could definitely squeeze it a bit higher as people are going up short. So we do have some headroom, but not too much And just look like at some Thought as well similar sort of story We're at this area where we're collecting volume We already know looking at bitcoin that most of these guys are short at this at this top So we do have some headroom to move it a bit higher So it's full hearty to short this right now So maybe look for it to go up and increase slightly a bit more Maybe touch this sort of tips at this point here at these sort of these sort of tips here Again, it's a possibility to reach all the way up there not saying we will but again It's something that you want to look for just because The time sort of lines up and just says okay. These walls are caching all these shorts and letting them Add the shorts and and there we go. I think they're trying to get them out now A little bit at least 11 hour left. So they're sort of just playing with their food at this point So you got to watch out for that squeeze So maybe wait for one or two more swipes up if depending on if we look for a double or a triple And again, once you reach that double if it If it slowly comes down as it does As it does right now You're looking for it to again just come in and just squeeze the life out of these shorts There we go. There there there there there they go They're pushing up now. They're slowly adding beds And they're moving the wall with it. That's always a good sign That's what the pressure wall is they keep moving it up. They'll start squeezing it Lot lot more than they need to And you can even see that's where they came out. It's a nice little triple top And they came back down then you see all these shorts like, oh no, that's not something you want to be in And now they're squeezing the shorts out So now you're looking for them to either add more If they keep these wall stagnant, they'll add more shorts if they push it up They'll keep pushing it up until they remove it Then at the point which they remove it then we can sort of look to come down Because these are here with sole purpose of catching out sort of traders who are very sort of antsy and just like Need to get into trade as soon as they wake up or as soon as they see something as soon as they see a lot They need to get into trade for the impatient traders Instantly sort of coming short you can see how these sellers just selling into this wall Relative ease they're just catching these guys out already go up plus And they are already pushed these guys But it's just what plus 100 here already See with red he's just catching these very easy bids Early shorts easy sort of punished Our first sort of point was be to take over 30k I think with this move it'd be very easy just talking about how much we already have at this sort of level here With stops probably be placed at that 30k. So we have a lot of liquidity Placed here. So very easy to grab grab those Without too much cost Finally getting some spot buyers coming in. That's always a good sign That means things are sort of healing between spot and futures As these guys come in the more they get The more likely we are to slowly reverse because Getting spot is where the shares exchange futures is just where money is made So and I think most people I mean more sort of big funds are trying to accumulate this even though they don't believe in it They can still sort of The more they have the more easy it is to liquid liquidate markets Look at theorem. See how nice that is coming along You got stopped. I got stopped. I Why did you enter early? What? Close the chart. I went on with my day. Ah Now you got stopped early. Ah, yeah Like I said, like you don't you don't need to catch the bottom. You can just say, okay. Cool. There's a nice little short Ah, damn You get stopped early Then you come back. Okay Right at the end of the day And just see you look Why is this not lining up? Oh, this is at a bottom now. This is just retesting. Okay. Cool. That there's your entry instead of Instead of sort of dealing with that headache or After that headache that you end up dealing with Coming back up. There we go. Very close to that 30k already taking these guys out I'm happy with the mood Just a sad type Pushing out now you can see Hit into these removed as soon as they hit up higher. They added it back much Layer on at a much higher point. So they're moving the walls up. So they're just accumulating these guys at a higher point Didn't let those socks get hit interesting Again back again was letting these guys go short much early on and this is why I say It's looking for a short right now Not necessarily a short that you want to be taking just because They're doing this to retail traders and you don't want to get caught into that Again, you can take the counter trade, but It's up to you. Uh, I'd necessarily just wait for the bigger clear cut moves It's all about safety Is in trading especially if you are a small fish The safer you are the longer you'd live for Still within the previous boss land and taking those stops. Uh, it's very interesting See how far they ultimately extend it up up the till There we go. We finally hitting those beds. Uh, they're thinning out these walls. There we go Finally hit those guys and you can see that large explosion instantly sort of grabs a bunch of traders. There's plus 700 here So like I said, very easy liquidity to grab Now it's just watching the reaction off the fact and how they sort of build it. Do they let it just drop fast? Uh, I did a clean bunch of dirt in my life at least At last No, this ends up looking like a trip top Now it's going for 40k Hopefully it doesn't no No, no You can't go for 40k unless you pass what 32 500 and hold above that Slowly coming down instantly adding back into the short side of things Uh, not really getting stopped. Uh, so you're looking for them to try and hold this here if we're going up for another thing If not, they just want to keep moving this back down Uh, I mean it's a brand new candle. We've got 15 minutes. So this candle closes So we've got to wait for it. So just sort of nicely sort of give us signal on what to do Adding back short and it's holding it now. Just nice that sort of points to us as they are Okay, they're just going to hold it here for a bit. They're not too interested into uh in dropping it right now There's similar vibes to what we did here Short little triple top push it down grab the stops Hands back down here now. We're just holding it here Just casually miss 500 Ah, no, it's fine All fine Don't beat yourself up. So it's the only a game. Why do you have to be mad? And you can see how all that sport selling here. That's never too nice We want them to be buyers unless it is sort of just markets or Making that they just end up pushing it down. But generally we did get what we wanted to get. We've got people buying into this Now we just sort of just have these sort of sellers, which is Not the cleanest Applying this pressure as long as the stays uh intact that might be a point where we look to and say, hmm Will it come back? Okay, let's stop getting distracted with bitcoin and it's shenanigans You can see as soon as the bar turns red people just sell sell sell. They're like, ah sell sell it sell it Okay back to ethereum In pretty much the exact same thing volumes there to say that we're just collecting volume out here We know they're mixture of shorts and some longs Uh, they're already sort of pushed into this area here. Nice little stop Next it's a lot higher, which is not necessarily where we want to be. I mean, we do have a shallow one just above here, but Generally a lot higher is this would be this point here. Just it's just very much so higher not even it's just insanely higher No, all of it all the way up there. I mean this ends up being 50 percent So as long as we trap longs and the appropriate amount It could easy sort of just push it Keep them pig moves coming mad cause This lowly the building up shorts again, it's the same thing they did here They're not letting it drop too far down coming back out to this area here after liquidating Majority of them. I don't wouldn't say all of them again. We only really went plus five seven hundred So some stayed now. They're just adding back to their books Uh with their shorts So it's so could easy just come back up and swipe again And they could do this at infinitum And this is just the stress of coming in at sort of nine o'clock and trading this uh this early on That's why I say avoid it trade 10 Hence usually a nice time to trade The main thing is now it'll be with the ES. Uh, how how does it line up again? We saw yes says disconnect It either ends up Coupling get a bit together, but generally so We don't want to be too disconnected from each other if this continues to go if this goes down today They won't be I don't think bitcoin stands a chance in holding uh holding up today Uh, and it's something that you're a lot too. So They will sort of want to come back and be together And it's just at one point does this reverse essentially it becomes the main question You want to ask yourself, uh, if you're trading bitcoin today And looking at the state of things It's Pretty much. I mean, we do have I said four hour candle here volume's just a bit higher Into this close this off, but we already swiped down collected volume here The easy go up here as long as we're sort of closing here. We could just come back down, but We're looking for potentially this area here Where we could come into as a maximum so give ourselves this sort of breathing space Uh to sort of lock too As if it can go up this high bitcoin will probably drag its ass a bit higher before ultimately sort of pushing it down Been playing enjoying the last ones like kid in sandbox That's a great analogy. Yeah, last couple of months been fine. I like when things are ranging Because then it doesn't break out and you always look like a genius like oh, yeah, it's just at a high just do the opposite Uh, let's see if there's any sort of news or if it's a fluff piece Activision No way ah We'll bearish on Microsoft on the change. Let's see what that did. Oh, yeah Told you so ah There we go strikes Rain strikes again. I told you to short that Uh ahead of you. I mean, I told you sell your Microsofts yesterday and here we go On the earnings. I mean earnings coming out On the earnings down it goes Picking up some short from pinra. Uh, we want to see it pick up a bit more before we reverse it But again, we're looking for a point to come back in it will come Either well in the next couple of days you should come for us Uh, if if tomorrow and the next end up being bad will probably Probably look for it next week. Uh, and see this as just a continuation to push down But yeah, you perfectly timed uh, this is why you don't I well you don't need to look at things every single day I looked at this last month as you guys and yesterday On today or every day today, but only with the main things See you don't need news news Price section proceeds news Let's see if you actually are citing potential negative impact for competition in cloud gaming markets. Ah, come on. That's BS Come on You could be in contribution markets Authorities said Wednesday It will prohibit the merger as it could make Microsoft stronger in the market for cloud gaming services Company already has estimated 60 to 70% of the in the market values I'm half laughing as I get liquid right now Ah That's that's never fun time Uh, I would often say, uh, just just grab it. Uh, as long as you have Some money you could always make what you lost, but if it's if you get liquidated and you have nothing That's always hard to come back into because then you have to sort of Say, okay, I put money in there getting Here we go again, um And the main thing I always say to news people just do the opposite Uh Going to short way too early and got caught out. Yes Uh Hey, often sometimes the best trade is a no trade. Uh And I would advise against anything what like flip on these boxes, uh, Especially if you're new just trade outside of the boxes and use this as ranges for yourselves again Uh, it's a free indicator So you Matt Damon told him to buy bitcoin and That's what's funny Uh, if you don't, uh, if you're using another software other than trading view the times are as such Uh Times are such, uh, there we go It's it's always these are est times again because I advise people to uh Change charts to est. I know it's self centered of new york to be the main leaders But again, hey what you can do that's where the largest central bank is Uh, and that's where the nasdaq is and that's where the new york stock exchange is Make sense to be on new york's time. Uh, even though I am a london pains me To be in new york time And a nice little daily imbalance comes in at sort of one Uh, oh, yeah cool. It's there we go it's this created by yours truly Added some nice things and they're like each of my kids stand out, but I turn everything off just keep Just keep these boxes on And you should be fine. You can have it extended bars, but it starts looking a lot messier especially when you're in tighter sessions So you just draw out as and when you need it At least I mean you could turn off the equilibrium equilibrium. So it's nice but what these do essentially is they print sort of uh Essentially market maker sessions, uh, it will say, okay, this is the range that they set for asia And once that's set you can see how they pin And sort of consolidate and they just said, okay, that's enough for asia Let london set up. So you're like, okay, if you're shorted here, you're out by here Like, okay, it's not moving. It's not doing anything. Let london set up. Let it do something London sits up spikes in between session again. You're just waiting for it to set up Comes in here Traits into this area here and pushes on so you'd execute around here and sort of timing wise You can take yesterday for example here. Hey, you have the new york session again You could have taken this I didn't take this because I was waiting for this To dig deep into a double bottom Didn't do that. I'll miss that It is what it is. So again, it can't be perfect Consolidates so you know that okay, this is not really a short anyhow It spikes up gives you a nice retest and with this retest it lines up with uh the bottom of es You know, I look at it that's like, okay, bottom es is sort of curving out like this This is just retesting the top of this range To anyone else, this would be sort of nonsensical Sort of tracements or everyone's everyone's shorting here. Everyone's shorting this. You're looking at it as just saying It's retesting, but is it well and truly retesting? and in doing so what I mean by that is If you switch over to bookmap Are people just scared to death of this small little area and yes, they are scared to death That's when you sort of come and say, oh that is a retest Because people are not buying the retest they're selling the retest and that's when you know, it will be successful Again, everything in conjunction. You've got line things up because the only time things work out in your favor is when Volume is uh, what not really against you but Retail is against you. So yeah, so if everyone's buying you're selling if everyone's selling You're not you're buying think if he's selling or stopped out there. They're just holding it out Just holding out that everyone's selling so you're looking to just wait for a spike Then you're shorting at the final which will end up just being a triple top And like I said, you're either looking for a double top or a triple top and seeing as how we have still 45 minutes until the end of the Set up for this box could easy just come in Have another swipe before pulling back down Again, so there's some instances where you miss it where you just tipis But these are usually when we have news at sort of 8 30. And that's the only time you shift When you sort of come in earlier or later is these news points you don't use the news to as an actual sort of Measure of is the economy. Is it looking bad or good? You just care about the time it comes in They usually come in set times 8 30 10 10s usually night like I said, that's why I keep 10 Uh, the market opens what half 9 30 so He opens after an hour Before the move happens or 30 minutes before it moves about to happen to let people get into a sort of false trend and 12 Between 12 and 130 depending on the day for midday So again, they shift those around and you'll see it complainers Simple is if they shift it around Either they'll have the news coming at 12 or they'll come in at maybe 130 or maybe at 1 But they'll come in somewhere around that time to create that midday sort of trade And that sort of pivot if we end up if we need to pivot rather on midday They see 8 30 an hour before sort of session comes in and like I've said before I don't really care what these numbers says because the the chart will say Which way you need to trade anyhow? And the numbers are only really good to look at after the fact Because then you see a lot because the numbers will give you a larger Bigger picture rather than the short-term view short-term will just be oh where where traders are How bad are traders? Do we need to clear out traders? If so, okay, which way do we need to move? Do we need to move up or down? Are they are they long or are they short? In this instance, everyone's lung were long before a major news release of GDP. So More likely we're coming down if we come down today Uh, we're probably gonna come back up higher because we're gonna end up building a bunch of shorts that we need to clear out for Thursday If we end up consolidating just down We come up before the news release and eat that we find ourselves at another high We're just gonna slap it back down And it's simple because everyone will be long. So everyone should oh, yeah, these charts look good that means the numbers look good And regardless what the numbers end up being people just trade the green and the red I think I've said this like a million times Slow table off we're getting some buys coming back in. This is uh, really not really where you want to be if you want to short this so probably gonna just end up it'll end up consolidating here and We'll see if it sort of Probably drop down a bit further. We'll see how much they can Accumulate here and if they choose to accumulate here rather is the main question that we should be asking to have time to sort of develop sort of any sort of trades If it comes down now, it'll probably be nice, but again, it's just uh It'll be more of a hope than something that's well and truly fleshed out Actually, it's open pre mark for msft If they could see pre mark it's already looking They all got squeezed out. I can see that on that earnings are ruthless ruthless See everyone shorted the end of that news cycle up apricot Bloody hell So That's interesting. We haven't sort of gapped up on anything else. I mean like gap up here and again Best slash worst cases we reach this area here once we reach this area We just come back into this and so we'll close it off for the next day So we're just we're just waiting to see that and that will sort of drive bitcoin a bit higher but after the fact We'll go if we come back down bitcoin will just slam itself down Not expecting much today like yesterday I mean, yes, it was a surprise a welcome one but still a surprise Uh, there's still some things you can expect coming out from today Uh, as people sort of just try a clamor to see what things end up doing I mean These look double bottom's always nice They always nice up trade We do have higher points that we can look to with everything including bitcoin So it does have some leeway to go up higher Uh Now it is the fact about where we're sort of coming back into I mean msfts or what microsoft rather is opening all the way up here It could easily just start closing the day off all the way down there. So learnings be damned And then like I mentioned as adam again, it does have sort of ways where you can move up Very much so Everything does I mean opening green on the day is usually like nailing the coffin But it doesn't stop it from having that extra bit of oomph Just squeeze that last little living scent out of every single one of you Just to catch the stragglers who are near Near enough liquidations, but not not yet liquidated And that's why I say you just wait it out. You can wait it out Maybe we get that last little spike Try and grab it. It definitely does look like we'll probably might get it I mean looking at all of this people going short There's no way we just let them get off scoffery. Do we now? Can't let them have money. Can we? No Because if they make money then we lose money And we're even letting spot people sell out in profit We've got to get them buying back higher if they buy back higher they buy high they sell low And this thing here is always nice. That means they're just keeping this very stagnant They're just keeping this very controlled. That means they might revisit that Very soon Hopefully they blow past if they blow past that they go up much higher And again the leeway that we have with bitcoin is all the way up here Uh, and it does make sense that it's all the way up here considering that spiders Spiders leeway is all the way up here. So we've got plenty Plenty of upwards Up and sort of move so what 4 10 4 11 just until it sort of closes off this sort of bar But generally going down is not too bad. Uh It's something that we looked for looking at this sort of massive m here And this will be a nice little short throw dump short throw m as well. So this will be This would be towards this Again, it could reach up up into the sort of deep pockets here But we've got sort of two points that we look for. So we have a nice little zone that we target Uh as a maximum possibility of if we retrace up higher It'll be higher to go potentially go lower and We have again, this will be first support that we already hit and the next sort of Sort of area we're looking for is 400 even If that That's if it choose to continue to go down again, uh We've talked about seasonality before and and how it sort of comes into effect These are not too bad of a day. So if it does go go down today Uh, then tomorrow probably end up closing higher and again The average is what? Around sort of 1.5 percent there about 4.44 but you've got these better days coming in here And then you're looking for your worst weeks coming in the next couple of uh weeks. So what? In two and three weeks. Those are your Very much looking to looking for bad But again, that's just that's neither here or there. That's just for late If you can close things off here, I mean, there's not really anything new to add and I think sort of drastic is changing That will change my view again You guys should know what you guys are looking for today If not one last iteration would be looking for one or two things You're going short here. You're seeing all these shorts. You don't really like these longs In mixing with your shorts, that will mean they'll try to dig deeper to grab more shorts Get the short term longs out But ultimately once you have enough shorts, you're looking for to spike up here got a head room either If you're just making it very shallow at 30 k 30 k, but you've got Availability to go all the way up into sort of much higher territories alongside es And if we do end up doing that that's points you look for to go and trade down If we don't get that instead we get a nice little consolidation with Sort of this and this being a high and just sort of trade Into this then you're looking for Thursday to be some level of tomfoolery but Essentially today we'll just set up The tone for Thursday And that will be the main thing you're looking for So you're probably going to trade light today if you're going to enter into any positions Why mean that either trade in half positions or Put in much tighter stops and not really four things unnecessary Just because we've got a nice little collection of longs Building up to a nice little consolidation potentially Either the whole day or part of the day and then If we continue this step of longs This will just sort of cement in our heads that this is going to be very very tasty for a short as These longs would be if we continue to go higher will continue to be in profit and it's not really something we want As the longer you go higher for the more people jump into the bandwagon And the more people pretend to be geniuses essentially And we never want to make the market too easy for people and that's just the main consensus Again, just looking at the divide you can see how a lot of people went short. So again most of this move with liquidations Added some buys here some more shorts get added liquidations More buys we're getting some more shorts so we could easily see that liquidations carry a much higher Well, only a bit higher, but still is that possible? Thank you guys so much for coming today. Hopefully you enjoyed the stream founder educational Like subscribe all that jazz have a lovely day trade safe and I will catch you tomorrow peace