 Good morning everybody. Welcome back to another stream. Hopefully you guys are doing great. Without further ado, let's get started So we're coming off basically in Easter weekend, which Which is why Friday was quiet and we really get to work out of it So other than that, I mean considering that New York's closed on the Friday We didn't really get the reaction from the news that we Expected coming in from last week and looking at that I mean we can see what we had last week was unemployment and not non farm payroll. Usually they're really sort of active sort of point in Failing There was the unemployment in there being better than previous ends up being just in full cost Same thing with sort of non farm payroll just slightly higher actually slightly lower Yeah, slightly higher lower than full cost Then sort of reason so To be expected that generate too much of reaction coming on the I mean we did get a decent climb up on the open, but You get too much out of Yes on the on the current exchange open which is Expected So looks like everything's in sort of colors. They didn't really care too much about it. So we can start from scratch And look at sort of where we expecting the current days numbers to be Good and today we have Absolutely nothing Okay, it's gonna be projection today. Nothing to totally affect that so We've got no No little temporary anywhere coming in here Got just On the end of sort of clouds you have this but other than that Doesn't look to be Doesn't look to be too much Backhand sort of stop today You'd absolutely normal day Same thing for Tuesday But normal day you've got a couple speaking at 7 p.m. And 4 p.m. So it looks like after Session We really have both of us a pleasure coming whether they so it looks like everything's doing just build up to that FOMC no sort of minutes Monthly sort of budget statement for March Always nice Coming in Wednesday, so looks like Wednesday is really important for us Both of the bodyguided they are for you with a few minutes then Thursday nothing really following up too strong Jobless decent coming them just in the morning. So I Only really have that and Friday We end the day Pretty weak so looks like the only two major days we should be Looking at this week is Wednesday and Thursday. So we've got that back to back coming for us if you're looking at Where things have sort of come from and where they sort of landed and They sort of built up weekend Friday and the Easter weekend we had to sort of build up short and that large little explosion Just coming in on that Monday show of course. I mean what the rid of these guys all week to here See that nice little builds up As well as little consolidations showing a bit of shorts that are coming through here and here Here and here, but January does look like they want to be swinging themselves back down Say And nothing sort of to finalize I mean you can see like on this spot They just sort of hit the walls it was ceiling came back down The current sort of all we're looking for to try and bounce off support is here If we sort of holds off here, we definitely look where it's Take up higher But look at how things have to be able to do that. It's very it's a very oddity We have a very large sort of buy here coming in from the spot market and they're protecting that if you should buy here, so Also, they just stacking beds on top of the current sort of market by that they've gone doesn't show that on futures you can see on futures Similar but seeds it was a more of a short little maneuver here instead of being a buy but We can see that originally that you have those large sort of liquidations here I mean he does measure this your spot by just here That's where your wall is. So you do look to protect this area here some certain extent So that's now currently where your support lies for today. I mean Anything below that you're like, okay, maybe they decided not to protect it in the first place or they decided to average it down the club Came and hit it. He sort of had some shallow reaction upwards. Maybe they did something like this then they sort of Slowly fell down back into this. So that's what you're ideally thinking about current sort of step if they fail to hold it and Looking at how large that bit was. I mean is a Nothing's out of the realm of possibility Again, it does feel highly unlikely. They feel this bit again You look at this and you're like, okay, everything but then you have this large little point here. Just very very anomaly But very much on me rather and then he sort of resumes itself Normal people will say, ah, yeah, your volumes here. You can see that's that's where your volume lies We've got to come to you but they sort of missed a step into in the sort of Delta where you have the large Sort of trailer coming in and executing here There's something that you're looking again. They even choke them back down into this It came back once just sort of fly fish. No one was really interested. They came back and now as soon as they cleared it on this So step here It is considered to organize those for first too much in the way of Anything coming I mean Transpilers try to see where our current Second I mean you can see the current sort of daily support resistance just sort of pulling itself up this On this sort of hill Again, we have that little flag now Who we could Got a nice little clear instantly here and now it's also putting ourselves on this ledge here just Biding ourselves sometimes so if they sort of fall will hurt go much lower, but Maybe they will try and clear something quick see up top, you know Henry you're holding this you're very apprehensive They've been here for a really long time. What they're going to do is they Who we've seen this nice little hard place and there's your rock just down here. So really like break First things I mean we saw in the book that large little by bid so we might see it try and climb higher At the first point just sort of clear that and then when we start clearing that we get rid of the liquidity Then maybe we can change look that come back down But the way things are moving it doesn't look like it's gonna be overly bearish kind of fake Either way with all holding up nice. We've got a nice little here for us gen roots It's a nice little rise up from this sort of low bottom to create ourselves again We had that little despair area here It came back a lot of low traders came back here. They got instantly punished They gave up here again, then they got then they're coming back ideally here. So Does make sense to try and pull it back and we've been talking about stuff that does make sense You know sometimes training doesn't make sense at least At least it doesn't fully make sense And and it would be this number coming back down and trying this all Tracing back to here would make sure most sense in the long term if we're going for sort of completionary at least we're sort of coming back seeing this number That's it even without trying to come back and Refit this number again, that's a possibility. But again, we're trying not to be really let's be conservative This this feels like a nice conservative number we can Look to the retracement point and it comes in the way of Two-fold is the high here and as well as filling out all the inefficiencies here and back where we have previous points of volume. So And it would consider the range high I Mark that Here again, that would be where we broke out on the high time frame very full We're up this area here where we created this consolidation range that broken here again, that was large center stop hunt and we came back Small tips on the head here and ultimately break broke out here again. This is where I'd consider even even sake If very safe sort of measure sort of say, okay Too bad Look at this and say if we're not being too greedy retracement wise But again, that's sort of bigger picture sort of things, maybe we don't get it yet Later right now people are looking at this and like, oh, yeah, it looks like an easy short is maybe show Prison Had a nice little rise for itself on this sort of point. So they're like, okay, let's grab it on the flip side now Look man. We can see that here. So we sort of see that nice to rise when soon he starts coming down you get people Trying to clam off of that short and Punished instantly and again, they came back and now we sort of know that Hold here definitely punish those Early sure it's a bit more before sort of committing to that down the short point Maybe the way you don't have that We don't have enough in the way of trade of volume or desired sort of trades and the Opposite direction so it's holding this up again today Might be a it should be relatively quite a day in terms of you probably get one direction Firm direction Everything should be based off of price action. Nothing sort of out of the ordinary nothing though. So nothing Sides to go five different directions at the same time Be very short of a telegraph trades Like I said quite Monday should just set up or Tuesday, which should set up Wednesday and Long and short of it. We'll look at Market wise see how that's looking see if that comes in Looks about the same or gives similar sort of vibes It does hey, that's a lot better for us if it doesn't look at Is it gonna sort of mess up our picture that we have for Bitcoin? So if we look at sort of yes, we came in Open here you can see Similar sort of Area here where we then we sort of paid these guys out here on that Asia little swing Then we saw pushed back down for it out whereas Bitcoin hasn't done that yet So now we saw level here So again Could definitely see it try hold this area here. Maybe it needs to go this deep as Tracement just sort of to give Me luck was the right levels that he used to Bitcoin or Bitcoin sort of is and add that right level and didn't need to drop to match this sort of job So now sort of look at it Okay Just sort of push itself springboards off of this dress Punish the people who came in here came in short on this Look at fire where Ah Your market will come in again. They already coming in pretty under they're coming in about what six About here you come in in pretty much where The yes equivalent is just around here. So you've got that large little gap So you go look at that and say, okay, maybe they just look to close this off this they come in to close this off and They get rid of the Whoever so is sort of short in the open. Maybe then that is your short general short for the The taking you know They just blast past this and they cleared the high rather than just come in and show for this Then you're looking for a proper continuation off from a retest But then again, you can run the risk in is your way you probably Reaches around here. So you're selling again when you probably reach this when you're reaching this Just to be safe. You're adding back on retest decide yourself again, you're looking at this Came in now looking to metal out east east of weekend came Nothing too major happened Now it's over opening up on Monday. We're getting down. We've got we had decent numbers off the backboards Unemployment generally don't care now numbers you get them Dayton So we're looking at this and say, okay, we're opening wherever this opens spies open On a large gap down so this essentially Met itself with that spy open now. We've got to look at spies like okay. Where does it opens basically? Equivalent here, and it's already looking like you want to go higher. So again, you go ahead. Is that okay? He wants to drive itself fire potentially where would it do that to maybe here? We have our large long support here So ideally if we're going to sell on that open, we're not selling too much Doesn't make sense for Bitcoin to try and put itself to par down Ask the initial sort of step here Again, this is where you want to see support about 288 250 Yeah Other than that, you're not really looking everything seems sort of line up or match up again You've got these sort of shorts coming in so you go at least sort of try and move these guys out outside Yeah, the build up of shorts. So it's nice because we can expect some come in the way of being liquidated in this very heavy resistance Normally, but again, you've got the eyes of long from the spot here kind of just throw the spanner in the works Just coming in very high actually here, so maybe sort of squeeze it out and build that short heavy Feeling of long when we get that spy coming up close off That gap that avoid that we have then maybe you then go down in the only reason for trying to say that We probably have a rise is just getting looking at this red heritage Describe it something that doesn't fit in the World view that we're building We're gonna have to look for Higher Okay, I think so too You know, I'm really commit higher because but already a lots of our Longs coming in from the other side So we've got to see that then she dropped somewhere up here We see that then you got to match that up with this Yeah That we're gonna get again opening here You're gonna get a gap if they come in match this here or even match this much higher up here You've got to sort of see that and just say, okay, there's your sort of two levels as one this too So you've got to see if they come in they match this here With that sort of basement then they sort of come back down Bitcoin push itself down as well We get that rejection of this Bitcoin took out the high here only took out the high after pushing itself here Very of it may be generally looking for it to be sort of take out some highs So it's something that you'd maybe expect if you're on the very side That's the only sort where you're sort of when I was trying to probably get a short out today Other than that, I think it's mostly on the other side Your day, I mean this is setting up very sort weird side but We extended on the Sunday, and then we just had lots of massive Asia that Asia created that And that was pretty on the underside too, which is sort of pretty bearish Peaks where you have these longs, but the same time you have long supporting yourself here So unless we sort of fit this out So with this basically start again and we're sort of bullish past this point here And the song is off pinning on the opposite side and then we're higher But if we start coming in just to clear out these highs here Just look for that to reverse If we get that spot But nothing solidified should be a simple sort of wait for the session And once you get that session print you see where it's a trade would sites trading Look for a stop at lower high Just trade the inverse that I mean if we get a stop on the high Just count that get a stop on the low Again, just pull that up. I mean there's nothing really solved too much to discuss today Really early today Session threads. Oh, no, but has bad news ever been actually not you know, I'm normally bad news in the decent Investors are suddenly worried about potential recessions That means bad news on the economy might not long be good news Until until recently investors welcome science of slow economy Figuring it might mean federal so stop rate interest rates presumably in time But a recession as inflation called and again, that's what majority thought You know, you would not be wrong along those lines Hey, we got an actual 25 base points for that come out Even with those banking crisis On top, you know, why is nothing slowing this down? I don't go following last last month's banking troubles investors seem to be more fearful of a potential downturn market watch has said The markets shifted in focus from inflation to recession this year According to Michelle or a portfolio manager at the farm the recent employment Data adds that to the growing evidence that inflation is slowing down and even if we Take into account a more dovish monetary policy the main focus is recession Is a thing that we're getting news articles about bearish points this we might get a short term job bullet So we might get the charts to react off very very differently It react very elastic for a bit like no way why is it not Pricing in recession. Why is it not fixing itself back down? It's like, oh, there we go. It finally fix itself Ah god damn it. Why am I in this lock? You think to yourself say I ended because it held itself. You look strong quote quote I'm just like these three guys can read on your own time, you know, you will clearly look at some old coins The pathway data fresh evidence that you essential bank tightening cycle is finally Having an effect on the labor market. Meanwhile job reports were strong and the US are adding 36 jobs as some heads that the labor market is softening ADP on Wednesday was said the private sector added decent amount of jobs in March that fell below 2100 10000 Expected by columnist jobless claims of data Thursday Morning showed first time in application benefits last week came higher This was not waiting for much consumer price index released on Wednesday big day And the producer price index to Thursday. So again, we know those days About them earlier, but again shows that they're the only two days that of the week But this week that matter so I wasn't there everything else is quiet Economic day, I would believe that slightly bad news is good, but It's It's a good it's good to extend the labor market reading strong, but there's fears that Economy is going to crash Okay, oh No doubly Doubtful about rally sustainability. You know what I'm wisdom. This is one time the way I agree with them And that makes me think am I wrong? I'm agreeing with me to meet you and very doubtful of this rally. I mean we did have some coming in from Yeah, we have built in rally here came in here And it just looks like a double top and we've talked about the double top here Just looks like a nice little double top. I mean, this is coming in already here We want to we want to see it go down ideally Honestly, they understood really What ultimately might end up happening we extend it a bit higher Wednesday because remember we got Wednesday and Thursday so January we want to be trading in the On the higher side. We want to be trading along until Wednesday because but we're bearish for Wednesday so we want to Be price trade bullish for the Monday to try to trick out traders for the Wednesday Because remember it's all about building traders in the wrong direction so you can leverage their liquidity to Move the market in the direction that you wanted it, which is where the liquidity is Liquidate push the market in the direction that you wanted We see dumping pimping or cramping I'd say it's pretty much Pramming I guess I don't think you'll be pimping man Ain't no ain't no pimping today. It shouldn't it shouldn't be too major I Mean but again Probably see some level reaction because we have to see the first US open from From that Easter weekend, so we're coming in from a three-day weekend After news that hasn't been sort of priced by retail I have been priced by the actual markets correct itself, I think So good news And it'll case long so we may see I see some Comfortably but general sort of fun if you're unsure just wait for the Wednesday Or if you're on charge to do the opposite Whatever the range of ends up being but again if we sort of go come back down further and then explode Or we push it without sort of trading low and then build that back Again was that being said? Check all kinds of Think it's probably time I go To save today, I want to keep you guys stitch for any longer than I have to oh there we go This is how far they remove this which is always I'm not so good shine for this being a All that we can trust so we don't want to care for it as support We still have that sort of volume error. So, uh, we won't disc So discontinue it too too far, but now it's also looking to ourselves and saying, okay Uh, there's more of a chance that it sort of buys itself lower Uh On the future again same thing happened. They removed at the same time Maybe they no longer interested in Holding that low Or they know they're not really gonna Need this there. So they move the liquidity up top at the same time. Interesting Sort of a little maneuver coming in from them other than I think Nothing to say nothing more to say Uh There's nothing that changes in my opinion and outlook of uh today Again, most things do look a bit bearish, uh, but We might see a bit of a build up a bit of a squeeze. We've got a gap coming down from, uh Spies are here Got a nice little gap on the open That gap will sort of lead us to then Try and build up into this void potentially We'll have here we'll open here. We'll have this nice little gap for us to trade into Again, sometimes we can sort of leave it open, but generally if we're sort of looking to sort of retest this Uh, doubt that I leave it open, uh Again should be a nice little price action day. We just have this Potentially stand down and that'll be your first bearish point. It's about a second one is up here Uh in terms of trying to reverse this But generally nothing else too major Other than that Other than those areas Looking for But building up to that Wednesday so Depending on the builds up today will determine Tuesday then Wednesday we can reverse everything that we did So depending on your bias is for Wednesday just trade accordingly the opposite But that's about much as I can say today. I like it again you know, I'm always saying I'm just really tired for some reason And there's nothing to say so nothing sort of holding me Grounding me back to the charts here So I'll probably leave off here, but hopefully you guys know what you guys are going to do today Uh Make sure you guys trade safe Enjoy the rest of the day and I'll catch you guys tomorrow. Hopefully And I'm a bit more refreshed and uh