2 IMBALANCES: 1 WICK & 1 LIQUIDITY POOL — Transcript

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1. 0:00hello everybody I hope that you are good
2. 0:02this is a quick Bitcoin update so far
3. 0:04what I can see is that we are above the
4. 0:05daily 50 EMA so for now we are safe
5. 0:08though remember that if we break below
6. 0:10the 50 EMA in the daily time frame then
7. 0:13we are going to see Bitcoin rolling over
8. 0:15even more and the next Target would be
9. 0:1725 200 but for now we're above it so we
10. 0:21are safe now if you go to the owner time
11. 0:23frame there was a very interesting move
12. 0:25that happened last night in my case and
13. 0:27it was the Bitcoin to hit exactly 28 000
14. 0:32round number not pennies which is quite
15. 0:35interesting that's a footprint of the
16. 0:37market maker um what I can see here
17. 0:40is that this candle left a week around
18. 0:44the market for you
19. 0:46I would say that it's around
20. 0:49this this area here
21. 0:5227 900 so that week in principle should
22. 0:56be failed
23. 0:58okay but then we also have another story
24. 1:00we're gonna go to High Block in a moment
25. 1:02to check all these liquidations but I've
26. 1:04noticed that here if you go to the left
27. 1:06in the chart from 28th of March we have
28. 1:11a liquidity pool okay let me market for
29. 1:13use this one
30. 1:15that hasn't been retraced yet so let me
31. 1:17extend this box for you
32. 1:20okay
33. 1:22all the way here and you can see that
34. 1:25hasn't been retraced yet so Bitcoin
35. 1:28might come to this level still okay now
36. 1:31if you remember we were going to
37. 1:32Havelock capital in a moment but in
38. 1:33yesterday's video we saw a liquidation
39. 1:35soon in the 27 000 and the 26900 and
40. 1:41this pretty much matches with those
41. 1:43liquidation so why not why couldn't we
42. 1:46see something like this for today
43. 1:49okay
44. 1:51that's understandable I'm gonna keep an
45. 1:52eye on of course if it goes low and then
46. 1:56the daily candle close closes below the
47. 1:59value 50 EMA then I'm not going too long
48. 2:01I'm going to be favorite in shorts but
49. 2:05if it goes low retraces this liquidity
50. 2:08pool and hit all those liquidations and
51. 2:10then it bounces hard to fill this week
52. 2:12and it closes above the daily 50 EMA
53. 2:15then we are good and between could go
54. 2:18higher obviously take this with a pinch
55. 2:20of salt because the New York session
56. 2:22hasn't even started yet he starts from
57. 2:24in two hours from here so this is still
58. 2:27time for any kind of surprise and also
59. 2:31as I told you yesterday this week is
60. 2:32going to be quite a difficult week for
61. 2:34trade and that's what I'm anticipating
62. 2:36so let's trade level by level let's see
63. 2:38what the market gives us and then let's
64. 2:41execute any trades with that
65. 2:43if you go to High block Capital let's
66. 2:45see what we find in the liquidation
67. 2:46street map this is the 12 hours I
68. 2:49usually don't pay attention to this
69. 2:50chart I'm gonna be honest with you but
70. 2:52it's interesting when we see a yellow
71. 2:54bar like this because then usually it
72. 2:57goes there you can see in this case
73. 2:58there was a yellow butter 27 300 when we
74. 3:01were at 27 500 and then price went there
75. 3:05and then bounced and now we can see that
76. 3:08there is another Jello bar at 27
77. 3:12875 which if you remember from the
78. 3:16previous chart I just showed you that's
79. 3:18the 50 of the week so there is a bit of
80. 3:21Confluence there okay so let's go now to
81. 3:24the one month time frame I checked the
82. 3:26seven days already that is not really
83. 3:28much going on there but in the one month
84. 3:31time frame
85. 3:33this is what I sold yesterday too there
86. 3:35is still quite a lot of liquidity at 27
87. 3:37000 and 26 900 which which also matches
88. 3:42with that liquidity pool we marked okay
89. 3:44that's soon that has to still be
90. 3:46retraced so we've seen that we have some
91. 3:48Confluence with the liquidations at the
92. 3:5050 of the week with the 12 hour time
93. 3:53frame liquidations hit them up and also
94. 3:55at the liquidation pool that we marked
95. 3:58at twenty seven thousand and twenty six
96. 4:00thousand and hundred that also matches
97. 4:01with the one month time frame
98. 4:03liquidations
99. 4:05so now let me ask you this question what
100. 4:07do you think happens first
101. 4:10retrace the liquidity pool and then fill
102. 4:12the week
103. 4:13or fill the wig and then retrace that
104. 4:15liquidity pool to the downside that
105. 4:18question is what I have in my head today
106. 4:19okay I'm leaning more or this is what I
107. 4:23would prefer to see is to First retrace
108. 4:26the liquidity pool and then fill the
109. 4:29wick
110. 4:30and close the daily candle above the
111. 4:34daily 50 EMA because then I could favor
112. 4:36longs
113. 4:37okay
114. 4:39Bo if we first fail the week and then we
115. 4:43go to register liquidity pool and we
116. 4:46close the daily Candlestick below the
117. 4:48fifth EMA then I'll be favored in shorts
118. 4:51It's that simple it's a game of
119. 4:54probabilities and sometimes you just
120. 4:56have to wait to see what the market
121. 4:58gives you we can say that right now what
122. 5:01is still within the weekend range let's
123. 5:04go there let's see Saturday
124. 5:06okay let's see what the range is today
125. 5:09here
126. 5:11and well it's Sunday already closed the
127. 5:15weekend around here
128. 5:17okay so you can see that we extend this
129. 5:19this was the weekend range if we extend
130. 5:21this
131. 5:22what is still within the weekend range
132. 5:24so this is a zone of choppiness so guys
133. 5:29I like that word choppiness so guys be
134. 5:32careful here you know
135. 5:34wait to see what the market gives you
136. 5:37if it fills the week then maybe you
137. 5:40could aim for the liquidity pool to get
138. 5:43retrace and if it fails the liquidity
139. 5:46pool and then switch the lows then maybe
140. 5:48you could be looking for the week to be
141. 5:51filled obviously there's no Financial
142. 5:52advice but whatever you decide to do
143. 5:55today just remember to be careful apply
144. 5:57risk management stop losses in place
145. 6:00because you know the same as I was
146. 6:03anticipating last week to be a very good
147. 6:04week for trading and it was now
148. 6:06anticipating to be quite choppy quick
149. 6:08for trading so guys be careful all I'm
150. 6:12gonna wait is a deviation out of this
151. 6:13range out of this box if price today you
152. 6:16know do something like this
153. 6:19I'm not gonna trade is because you know
154. 6:21there is no much to trade in this box
155. 6:23I'm waiting for a deviation
156. 6:25it's also very important to get to know
157. 6:27your own trading assistant you don't
158. 6:29trade in a style
159. 6:30mine is explained in the course there is
160. 6:32a link in the to the website in the
161. 6:34description
162. 6:35and I know that based on my trading
163. 6:38system what I'm going to be favoring is
164. 6:40high probability trade so I know that
165. 6:43here the 50 of the range there is not
166. 6:45gonna be any high probability trade for
167. 6:47me
168. 6:48so that's what I'm gonna wait for the
169. 6:49deviation let's see what the market
170. 6:51gives me is it going to fill it with
171. 6:52first or retrace the liquidity pool
172. 6:55first and then I will play accordingly
173. 6:57but anyway guys that's pretty much
174. 6:59everything thank you so much for
175. 7:01watching
176. 7:02and I'll see you soon