 good morning everybody welcome back to another stream hopefully you guys are doing great without further ado let's get started starting from friday's end and into the weekend had a pretty interesting sort of friday end i mean it was pretty much nothing too major coming out of it consensus was look for potential rejections at 50 if we're going to swing high we're going to target these highs look for rejection down here when said we targeted the lows and uh this was the first target low you saw the rejection at the 50 okay maybe you could continue down but end up holding sort of this area here and was sort of socks and everything and uh sort of market sort of being in a downturn we sort of look at that you can see that market sort of hadn't had it sort of nose dive essentially from this high sort of finally gradual sort of turn ends up trading down uh bitcoin ended up holding up really strong and ends up sort of rising and i think it's just to the effect of uh people just rushing towards i think bitcoin's like oh yeah the whole narrative of okay digital gold digital gold whatever whatever false narrative they run to they they just find and they cling on to that narrative so but still surprise nevertheless it held sort of this sort of a nice little double bottom and see that orders were kind of favored towards uh that uh that side as you can see this area here where we slam down you can see that small tick come back down we hold that into sort of tension if we start just breaking this area here let's do it back there we go i'll bring it back you can see it's selling into these walls here again still not enough to sort of confirm it's uh return back into sort of higher grounds then we get a nice little high here taking out sort of some stops returning back to that 50 percent of that new york range that we had then slamming back down and absorbing the pressure here and giving you a nice little double top you can see where we collected this area here just above the previous area of trap shorts and we know that as long as we're stacking shorts on top of each other we're looking a bit better weekend came along we can end up just uh taking essentially at home and every sort of rise was sort of met with a slow sort of burn down into collecting of shorts before targeting more stops and grabbing more longs here and the same thing could be said for this where we come up same thing here on the way down we just get grabbing enough shorts to warrant a second top and so on and they kept doing this and now sort of led into sort of uh today where where we got a bunch of sort of traps here you can see that they had four touches each such uh sort of lower than the other or at the same price and once they sort of got what they need they sort of nose dived it all the way down into sort of these lower territories then come come into sunday sunday had a meteorite rise you can see that they sort of came here there's a lot of shorts and just zoom in here came in here grabbed a bunch of shorts nice that was a surprise uh no no no just some bug map and now sunday leads into monday you can see here where we climb in we'll climb in get some shorts so we're a bit iffy as they are here we have to wait for him to come back again comes back short falls short here comes back and that starts looking like he's collecting shorts so we're waiting for that reversal it ends on a buy so we're not really too we're not really 200 on it then comes back up starts collecting shorts like that okay now now it's looking a bit better it's a nice little outside structure where someone got into a bed here we're at the previous area but generally this area here so you could have probably entered somewhere here captured it missed the bottom figured out it was a nice little outside structure pushed in now it's getting a bit long heavy so you're a bit on the iffy side then you get some breadth of life here where we say okay it's going to target these stops at these points here maybe try hitting for this wall misses it no worries same thing here where we're signed to collect some shorts here signed to collect some shorts here wash up nothing like that now today is really interesting because it'll be sort of the first sort of open with everything and everyone's sort of tripping about bank sort of the whole banking crisis and fed yes i mean last week's sentiment was we're just waiting to see a build up to the industry announcement from the fed and that's other than that there's nothing too much out of it so we're building up we're building longs so we're probably going to get a worse off fed announcement coming this week just some hazarding a guess right now just looking at the charts those sort of weren't that but now we're sort of in this back in this area we've got these shorts if we go up higher we're looking to trap more longs here trap more longs here if we take out these stops we're going to spike it here then potentially drop back into sort of uh download sort of trick trick trickery sort of just split and just look at the just what we have here again we've got that split with shorts other than that it's mostly heavy long but again we've seen time and time again just today and or every other day anytime we sort of come back in and we're slow to move down or move in the other direction and we're collecting shorts we're more likely to clear those up before we can have some conviction to drop sort of the general sort of chart structure you can see that nice little even here aside and I'm thinking that here when open uh when open interesting uh ask book map just go into the discord ask them if that's something you're interested in I mean Binance has it or freely open so I guess they could they could feasibly do it so I mean you can see these closes here how how nice they are anytime you get closes like this uh consecutively we're looking for closes to uh validate that there's volume here uh if we didn't have book map but we already know that we're valid and we're valid in that assessment because we can't see the data when we know there's volume here you can see that's where we start breaking uh to the other side where we have more longs than we do shorts so that's very sort of key and and understanding that if you were just to sort of open the charts and just see a bunch of clothes here you could safely sort of assume uh that there's volume uh here to close here and and you can use book map to unassume that and just say ah for a fact there's volume here close and as long as we close back here and we come back here it shows that there's just collecting shorts on this side of the market to sort of potentially drop it down so even if they go high if they work it back down and close here they're sort of more happy more than happy and saying that price won't come down uh I mean other than that there's not really too much to add on to sort of today in terms of long term uh retracement uh or short term replacements uh to try and catch some bids probably looking for around sort of this marking in you're sort of holding out into here for holding out into here you're probably looking to enter into uh long today but other than that I think you're sort of more looking for shorts or just sidelined if you're not already in a long position just because uh I don't recommend entering into sort of positions as late like at highs just because majority of the times they reverse but on the other chance you miss it so what you miss it just catches the catch of the next trade it's not like you're doing this for like a couple of seconds and you're going to be done with it uh if you're trading and trading for a long time and you're in a full long game so missing one trade in the grand scheme of things it's it's nothing major uh looking at sort of where we're climbing here again you can see that sort of 50 percent between those two dailies come back in that's where we sort of looked at here as a potential sort of drop but you can see broke out retest this is what I mean by retest you can see that the volume is happy we trapped uh and they trapped shorts here and they just happily collect the trades here and they move push push along you can see they did the same thing here they push along and now they're sort of up this sort of high decent double top morning uh but again you still have the risk of them just spiking before pushing down but generally we're looking for that downwards uh sort of uh trajectory at least at least from today or at least until we sort of clear out some of this uh heavy heavier sort of a long uh I mean looking at sort of how yes it's already trading today and how it traded during Asia I mean pretty simple sort of uh where it came in came in on the friday just dropped down didn't sort of hold down into here just proceeded to just target a bunch of stops small reprieve land it back down now we're back at here so we can easily just continue big spec down and break this area here uh break of sort of structure would probably be at this sort of high here if we go up high here come back in hold this area then on this side double it but that's a more of a slim chance than it is uh major stalling now if for anything yes uh if we look at sort of what's coming out today we just have the european central bank uh speaking twice today other than that nothing too much out from us uh not even from tomorrow either uh and again I think the main announcements that we are looking for are that interest rate decision at 2 p.m on that monday so everything should just build towards that it should just be one single point where that'll be our final day in the coffin so if we are continuing to build longs from monday uh into tuesday we're definitely gonna look very very scary coming into uh wednesday because right now all of this is majority of the majority of this is just sort of along and you can see that very effectively on book map where come in you can see how sunday uh weekends or sunday in particular uh collected what plus six k essentially uh then monday's already on plus two k uh saturday was a really quiet day where you just split decisions so those split decisions caused uh then were liquidated on that sunday then you can see on the on the downswing they didn't really give too many people chances uh to sort of uh reverse the decision without getting liquidated on on that sort of uh switch over uh but now but at this area here the collecting longs could feasibly go into wednesday but generally we need some sort of ebbs and flows in between uh before we can pull this or maybe one more sort of ebbs down uh coming in for the monday and tuesday starts spiking it wednesday just now in the coffin who knows if we reverse it early and start just declining all the way down here then wednesday comes in it just reverses the entire sort of thing and wednesday could be a two-prong thing where we go like this and then this where it just becomes a whipsaw uh it's nothing you guys should be too alien to because normally you do get that whipsaw but it's generally the first sort of direction is uh not the direction you want to sort of commit to so that's something that you want to look to and just say okay cool first directions boss then we grab in second direction this is where we want to uh into um that i mean i don't think there's there's too much merit in sort of looking at today and kind of put any too much risk onto today uh should be a mostly corrective day uh unless es decides to blow its top off and we get nice little news release coming from today where everything sort of just from this from these banks just come in to know it's a nice thought it's my fault people i would do that there we go hi on that on my hard drive now i'm happy mark is maybe vulnerable yeah we already know that uh we should be able to announce that the emergency bank term funding programs to help bank me the needs of the depositors following the collapse of california silicon bank and new york's signature bank will hold a two-day policy meeting this week day pal will host a press conference after it concludes on wednesday so looks like wednesday is not going to be the end of things so after the wednesday after the interest rate announcement they're going to try tackle this so looks like there's more turbulence up ahead and you won't be a clean sort of okay interest rates high they put it up about however many basis points they put it up by and it just slumps after that they'll be probably another sort of much more tomfoolery ahead but you grab more of these sort of more announcements ahead of the time i think they're just hanging and just waiting ahead okay uh but thing with sort of these all of these banks bank stuff and garbage like this is the people at the top are already getting paid and it's just they're paying themselves uh and the government are left holding the bag and i think the best thing we can do is just put bankers in prison i don't know why the government bothered to bail them out or whatnot it should it should just be left to collapse and of course effect uh help those affected but again those in power they should they should learn the lesson because it should be a classic case broad kind right or gross negligence like there's a crime somewhere i don't know why they haven't been fired yet which is again speaks volume slow combination i mean still waiting for anything major to happen i don't think we get too much yeah bankers in prison like in iceland hell yeah exactly take a leaf from iceland no immigrants no marry your third cousin call it a day i'm sorry i'm sorry uh what's the possibility of an icelandic person watching this air who cares uh a lot of people throughout uh thought uh that because there was a bank crisis it would cause the fed to start using monetary policies and no uh in the in the coming months uh chief of unlimited funds he punched out fed fund futures uh they say show interest rates are priced to be cut meaningfully over the course of the next year i mean ahead ahead of the sort of these major announcements were sort of already everyone's like to the moon it's it's not really feasible to sort of say that uh i mean even on the weekly we're seeing a very sort of decent move and it's not it's not like we're not moving at all and sort of cleared out of our major sort of area here push down i think that in iceland there were at least 150k g helps good you they just built different genetically genetically better in iceland they're just far superior than the americans there's nothing really too major to comment about i mean we might get a stop on the end of the day it'll be a stop on we're getting too heavy on this long here we're looking for it to try come back down at least to revisit to try and clear out some of this uh liquidity up top because we're running we're running decently low on liquidity on the short side it's mostly all been exhausted i mean you can see that this is a plus what plus 5k i said so plus 5k to move from 27k to 28k so plus 1k movement plus 5k bitcoin let's contrast it to here so from here to here uh this was very inefficient but that's plus 10k and it moved 2k essentially yeah yeah 2k plus 2k so this was in margin they fikings conquered the world so it's actually uh sure too so you can see very ineffective move here very sort of similar comparable ineffective sort of move here so it's a lot of addition and without sort of any sort of major you can see this area here that's about what plus 2k 2.5 even but then it comes back down they repair it sort of but generally we haven't been getting the same repair uh on on these things we haven't been getting anything that's been answered to it's just mostly being left unanswered and and that's always worried when we get unanswered good morning and that's what you want to look to it's just okay everything's being left unanswered that's that's never a good sign in terms of a healthy sort of movement up yeah and other than that it's just like we've been going up so the whole narrative i think the whole media is just uh it's just gonna be like oh yeah it's finally back any time we reach prices around this everyone always uh screams the bull market essentially which again sort of never really worked with the screen for it let me look at it you can see here sentiments high like yesterday sentiment when everything went up everyone was bearish and you can see that in the charts like okay everyone's just try as soon as they got the chance to show it as soon as they got the chance to show it it made sense uh where is it there we go now we're coming back into here you can see that coming up to higher areas where sentiment gets here market cap they like banks then market cap profile predictions waiting whatever they're like oh wait for it wait for it uh then here there were a thing risk they were again anytime when people are bearish uh they trade bearish and you can see you saw them go more short and willing to go short now they're full of the gas full of the gas and first down it's so clear on an uptrend by in the red on the downtrend sell in the green easy strat yeah uh it gets a bit complicated that because sometimes larger players like to average up the bid so again yeah as long as you have more more ability to average up you can be fine again someone's added here someone's clearly added here someone's almost 100% added here then they corrected a bit here sold some then added back higher sold some added back higher uh we should visit 24k uh to repair uh that also that would make the most sense but i don't think we might we might not might not get too that too low uh because if we look at i mean es is trying to make a break for above this area here i mean it's it's still within areas to still trap uh but if you look at sort of where we're looking at here that's sort of your 50% line that's sort of where you're trying to target being sort of this high and this low 24k being the low of your range 29 250 being your high of that range so this is where you're essentially looking at your first pivot at uh and look at all right there's sort of your second point on that side and let's do the other side be what to be 0.2 to 5 slightly a bit too high is it not 0.5 there we go so it's slightly around here it'll be around essentially around here can you identify uh identify bots uh in the book map you can identify certain behaviors uh so you can start fingerprinting this so i can say this here this here and you can see where you didn't let it get hit and this here finally got some hit same person but you can see he's back on the other side creating that same pressure pressure the market into supporting price to let it go up higher so this is all just the same person and you can also uh see by the white lines here uh that if if it is the same person or not because i zoom in here so you get a bit more clarity uh these white lines here so this one trade is a single person this this whole area is single person it's not made up of a collection of traders because that white line represents a single order and you can see this area with one two it's only half is a single person the rest of it made up of a collection of traders so that in line with how they're behaving if they're moving away when price is moving if you're using certain strategies yeah you can identify sort of bots uh if i just just it's called fingerprinting essentially just trying to figure out okay this person always trades like this and he doesn't let it get here you can see how this came in instantly and only the top of it got hit so this person probably ends up consolidating his bid somewhere else uh and as i said watching uh this was the wall to watch as soon as it got removed you can see price uh price hit one final thing they removed this like okay it's not coming back and off it went like okay there's no no there's no need to be here and looking down lower you can see that after a while these person people then is there's no use being here so they they moved their bid somewhere else there's no real reason to look at this uh and there's other things here you can see this largest area here that's up higher you just you just see how bids are moving same pressure wall was applied here and on the flip side so this they're creating some bullish pressure to try to push price higher and i'm trying to push price down lower and okay they get odd bids where they just show after a certain set of time to show so probably it was a mistake you can see that just for a bit long just now uh on the bottom here this is uh cumulative volume delta okay configure volume here settings there you go e-map settings cumulative volume delta there you go yeah and important thing is have it reset on the daily because most people don't use cumulative volume delta and don't reset the delta daily uh and and that's usually always a mistake because when you don't reset a daily it's just you consistently add bid so if i show you it on here i this resets daily because i set to reset daily but if you don't have it to reset daily you just have it continue going up and it's just like okay what's the point in that it's just like oh you don't know i mean it's nice it's just you're just adding bids just adding numbers so it doesn't have any things uh uh this is actually decent now now it's more usable because we have it reset daily so we can see that okay look we have ads here addition of longs addition of longs and there's your major sort of addition here if you want to add that you can add on about trading view uh you have a book map so what's the point it's nice thing to have because the main thing you're trying to figure out was cumulative volume delta and uh yeah you know what trading is stepping up a lot now they're adding a lot more stuff and new new features which is which is great uh i'm all for innovation it was slowly adding you can finally see those shorts here getting punished finally trying to clear those clear those clear the bats out essentially it's still sort of very sort of heavy on this one so we're still sort of trying to teeter and then sort of tailor our sort of expectations towards a potential downside especially with sort of and especially in recent sort of times you've had sort of sentiment at sort of higher higher levels it's it's always been sort of much worse you can see when we come to here as usually so then we sort of create that baritual pressure uh you can see when we get to especially these really highs that's when we get to the top uh that's when we get to the top so so once you never like sentiment to be too high because that just means a lot of traders are willing to go uh onto that long side uh of that market that means that there's a lot of long tier so a lot of people are biased at longs so maybe one more push higher to grab everything that we need to grab then we can just get game in them essentially right now on monday's range is looking like this just waiting for it to fully develop monday will give you a nice long-term investment i think you missed a boat on that uh yeah and then that's that's the major thing like a lot of people missed a boat on long-term investment because long-term investment was uh was down here when people were getting punished or even down here when we had that last little hurrah or even even up here you could have averaged here you could have averaged into here into here then finally into here got that got finally got uh paid out because your average would you'd have averaged essentially here if you started averaging here here and here you have averaged somewhere around here anyhow which is basically this point and and you'd have been fine and that's the thing most people don't average bids because they just try and yolo bids up here then they say they sell here they buy high they sell low i i don't know why it's just it's too good man anytime price goes up you're thinking okay can i can i can i sell this that's that's why i only ever look short for when price is high and never look for long nine times i tend you missed it what yeah exactly no time to long term this i 100 100% see what am i thinking bitcoin is definitely going to the moon like and anyone who who denies that believes the earth is flat oh god again just a slow sort of uh grind out or sort of anything open so i think we'll start looking at other things again people rushing towards gold is always a sign that people are scared uh so we might see that collapse a bit uh gold made a break for it we talked about the potential of it people just continue to rush high sort of break into here especially with uh the whole banking walls and everything it's just making that reach for it still within sort of tolerance to uh be a double at the top on the weekly based on double top larger one but still still within that sort of bigger sort of point here and seasonally it's it's still within sort of tolerance again for it to continue back down when it sort of uh eases up and people start rushing out of it so who knows maybe maybe we maybe we'll get a bullish day maybe uh these two days unbullish we get this cap over uh and sort of fall over fall over today and tomorrow then on Wednesday everyone's back into gold like ah i don't miss the gold rush uh if you look at that i think seasonality will seem probably sort of trying again seasonality great week for it next week's not so not so good for it so again if we contrast it with spider again spider very badly for it and looks better so it's inversely sort of when people rush towards gold they're leaving here when people rush towards this they're leaving gold and again it's significant to say that uh why this month is because it's it's a new quarter it's really when the industry announcements are so it makes sense that you look worse here we look better for gold there and once this sort of corrects back up gold comes people come out of gold they come out of that hiding uh they come up their shells and then they push back uh let's pull this back to exclude following even excluding the following it's uh this was one of the craziest months closes in 2004 as far as we can go back anyhow but again it's doing that you can see that we exclude that exclude that to us looks like we we never get any wins here i'm lucky so could signify sort of part something part of the course game i think it's easy to say that people who are looking at this say okay this is short now they probably get undercut let's forget this they always get undercut then Wednesday comes along they're like ah i'm in the asher i should have been in that short what happened sort of evening itself out here makes sense again we're very close to that sort of market oh but we're finally we're still sort of very tight on this new york i mean makes sense because during asia and uh london had had a nice little move had a nice little move uh so needs it needs sometimes sort of reconfigure sort of bids so but we know they're mostly long on this area here so i could do this or you could just sort of scrape itself all the way down drag us out on the bottom before it does any movement higher or even down to here or just falls down straight away so again you're looking to show and there's x potential exit one here and if we go lower exit two probably uh i mean it would be out outside here so actually that's what you're looking towards is those potential areas where it stops at you're taking someone off you're selling some you're paying yourself you're trying to slowly add to your wallet you can see it's uh adding into sort of people's bids here the selling into those bids have been not really one single person it's just a collection of people here so it just easily just smash through these guys and just tell them good luck next time but we're holding nicely so i mean it wouldn't be too bad if we sort of stretch out but as long as it's sort of stretching out higher i mean we might expect that ten ten o'clock uh a ten o'clock announcement from uh europe to sort of cause a potential stop hunt high before it drops so again you always run the possibility of doing that so it's you always want to keep that in your back pocket we'll have a look at some bulk coins because i don't people get uh pissy at me if i don't look at ethereum release once because it's meant to be crypto not just bitcoin i would argue bitcoin is basically 70% of all of crypto anyhow this up uh just looking at this here same sort of structure coming out of ethereum that bitcoin is and this is why i don't really like looking at altcoins because they just look the same uh you can see the first half where they trap short second half cut them under let them go up here so we know second half here they're buying longs here so we know they're long here pushing back down they're short the first half second half they're long but they're long below the previous area of long so you say that we can probably try and revisit back in back at this sort of monthly level here in this little resistance that we have up here we're well below that which is great we've got this area here so this is nice little aside that we can create for ourselves coming into here nice little drop down so maybe come back and we've already revisited that somehow so we may get a double top here a secondary double top that double top or we just continue back down to meet ourselves at sort of that 1700 area having a monday retracement will sort of set the tone for the entire week and people will be overtly bearish and it could sort of spell a nice little Tuesday uh rise uh in a monthly sort of decline uh into sort of sort of shittier territories that deposit this week because of bank stress uh god damn in a note published monday morning call my sex economics david miracle forecast the fed reserve would not lift interest rates this week had this week's meeting due to uh banks assistance stress while policy makers have responded aggressively to shore up final system markets appear to be less than fully convinced that the effort small what small and mid-sized banks was sufficient he said two novel guides melko said that the link between a single quarter point hike and future inflation is very envious and fed or like to get back on track this hike very quickly the bank's access to expecting a quarter point increase may june and july the yield on the treasury to your treasury fell six basis points to south it's up to three now but so uh but yeah we talked about how this is important to get back down so i mean yeah they're already eased up i mean yeah sure but i mean there's always room for improvement there's always room to make some fear uh i think it's it's too close to sort of want to say that oh it's going to ease up just purely based on sort of bank stress because you know that you know what get rid of them i'm so done with the bs what have they done for me nothing i don't know why they keep supporting these bankers when they're paying themselves handsomely and just letting everyone just basically when they make profit they make money when they lose the government loses they don't lose which is which is a nice business to be in if you're thinking about but not nice for everyone else because it creates sort of a lot of stress soon as the government sort of learns that as soon as they can finally get back on track and actually first fix the economy instead of trying to trying to fix the oligarchs like again adam looks very heavy on this top on the weekly could see itself come back down again well it would make sense everything everything going down would make the most sense i mean it's at support level but it could it sounds chance to sort of fall lower uh in very much so as opportunity to move a bit lower we'll see that capitalists when they win communists when you lose see that's the only time communisms when you works when you lose and it only works for those who are rich so you know who's affected the most for pause that's who's affected is that a fetish to say pause or the be the political correct way to identify that group of people that disenfranchised i'm trying to be pc but pc doesn't like me looks like effort i mean solano's alice green goslano it's making a break for it making a decent break uh but it's just coming back to resistance i mean since sort of the crisis uh that is sort of fell with uh uh fcx has recovered easily it's met itself at the weaker level a few times but right now we're now reaching for sort of higher territories but at the same time it's just they're just highs that can easily be reversed on so and i think a lot of uh heard mentality was in uh grip so if they see green they rush to it all right it's just nothing good interesting to me i mean nothing sort of screams like oh yeah do this do this it's just mostly might be a smooth day i don't think it's going to be a smooth day probably a turbulent day uh was a lot of volatility but i don't think we get too much out of it in terms of price movement but again i can stand to be proven wrong uh still collecting the shorts ahead of sort of market open so we might let the people buy up uh on that market open before sort of actually hitting them as a hammer fist things do look decent i mean it is supporting uh potential rise i mean see how from here it's just they haven't been going into that red territory they've been just playing with it just balancing their cards here just balancing the cards where they're just letting people sell a few into it before they can inch up into a bit more they're trying to go trying to go a bit and this is what i mean we're like just collecting shorts like okay we're going up we need to rest a bit go up rest a bit go up rest a bit but ultimately they went up too uh too far too fast so you get inefficiencies within the sort of uh market price so this is some point where you just need to say okay this is a high i'm creating i created a mountain now it's time to make a cliff out of that mountain and fall off uh yeah i don't think it's just uh an end of a decent return to form but i don't think we sort of are there just yet uh i mean we're close but not just not a hundred percent i can't get rid of these why not i think with that you can leave you guys here you guys don't know my thoughts if we're doing one final pow wow okay so beds are easy we've got a nice little zone here at this high we're collecting lungs so this is a nice little lung for us we're pushing down so we're already sort of selling this uh selling this area here unless we're sort of moving fast away from it it's not uh it's not too much to say that price will go up here and revisit this before dropping down we have a 10 o'clock announcement uh uh for europe other than that there's not nothing out today actually that's why we also have 12 o'clock so it could be a nice little 10 uh 10 10 o'clock 12 o'clock little uh little whip so we've got those two pivot points if any if anything other than that there's nothing to pivot today in terms of major market releases and there's something out of left field comes and another bank decides to collapse today uh generally now we're sort of saying okay there's heavy heavy here they got offset they got offsets here so it was decently long we want to undercut those lungs if we want to continue to go up so retests for potential upwards it's again first steps being here second step let's add this sort of stop up here but we come back if you do come back but if we do come back we're sort of looking at this area and looking at this area's resistance and further further it will be at this sort of stop where we grab stops uh we still have more time before we finalize everything uh in terms of direction about 45 minutes so hit that get easy hit that here look at it from a chart point of view in terms of time spent consolidating oh from here to here where it's been four hours consolidating so it's four hours of moving down that was a relatively decent amount of volume so we're already well over the expected sort of time needed to uh move straight down so it could easily come back and revisit your highs that's more likely to be very aggressive but even if we're gonna push out and take out stops here we are the initial highs as long as we're closing below here closing back into this vicinity we're still looking for that to try and continue back down so it wouldn't be anything out of ordinary just expect that sort of stuff drop most people I think will already see this as a flag or pendant or however they want to describe it so again anytime you see this they see where would you catch longs where would you catch this uh break here like this I don't know I don't like it I don't care too much uh trade like this but this is where retail will come in and say okay once they break above here you can start seeing longs accumulate when they break down here you start seeing shorts uh we went long in this area here also place the stops around this area here that's where you're looking for maybe a lower end stop on and and if we thought rise we rise looking at yes and it's just collecting out this resistance here so it's nothing out the ordinary uh in terms of contrasting what's why did uh last week it's just pretty much opening up at the same area if not slightly above uh five yeah slightly above actually a lot a lot higher than very close it's most likely it's opening up here so we're already opening up on a large gap so it's a nice little gap that we create for ourselves from here to here so it's a nice little open thing we're waiting for that to open once we open that we can easily visit back down into these lows here you can see where friday went down for a bitcoin ended up going higher so bitcoin's a lot higher so it's a lot like it's a lot more like glass at this point in time and since we're at that area it could easily sort of drop in and just break that floor and that's pretty much it other than waiting for wednesday for a larger sort of move if this it's gonna be a slow grind i hope that you guys enjoyed uh the stream hope to catch you next time have a lovely day and great day see you guys monday i'm not monday tuesday