PROJECTION NAILED BUT... ARE WE DONE IN THIS ZONE? — Transcript

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1. 0:00hello everybody I hope that you are good
2. 0:03I'm quite happy to be honest because
3. 0:05last night right before going to bed I
4. 0:08saw that yesterday's projection got
5. 0:09completed
6. 0:11so that was such a good feeling okay to
7. 0:14see how your trade closes right before
8. 0:17bed you can ask for more than that to be
9. 0:20honest because you don't have to you
10. 0:21know wake up and check uh how the trade
11. 0:24went if you're the stop loss got hit or
12. 0:27if you are in profit or if you're close
13. 0:30to position with your take profit no
14. 0:32just go to bed
15. 0:34with the position closed it's absolutely
16. 0:36perfect so anyway uh yesterday we saw
17. 0:39this production completed and it was a
18. 0:41push up above the 50ma retraceable
19. 0:44support here two candles testing of
20. 0:47support you can see the rejection with
21. 0:48those weeks so that's you know pretty
22. 0:50much everything you want to see two
23. 0:51candles perfect you're going to ask for
24. 0:53more and then the continuation to the
25. 0:55next liquidity pool okay then this was
26. 0:58right at the start of the Asian session
27. 1:00in the first hour you guys can see uh
28. 1:03well in the first two hours and then we
29. 1:05had a rejection okay
30. 1:07well let me remove this but I think what
31. 1:09they did here okay with this retrace was
32. 1:12to fill some of this imbalance some of
33. 1:13these large green candle but I think
34. 1:15that our I'm telling you again I don't
35. 1:17see any reason why there are there is
36. 1:20not going to be continuation in fact
37. 1:22what I feel half a lot of lines here let
38. 1:25me remove some because I'm going crazy
39. 1:26here okay I like my charts nice and
40. 1:29clean you know me so you know we went
41. 1:32into this liquidity pool of course the
42. 1:34liquidity pool is not finished this zone
43. 1:37is not fully taken yet you can see that
44. 1:41we still have 29 650 could be taken or
45. 1:44even 30 350. so I think that we are not
46. 1:49finished in this one and also they left
47. 1:52an imbalance yesterday you can see in
48. 1:54one hour time frame this long week okay
49. 1:56that goes from
50. 1:5929 326 all their way to 29 530 and if
51. 2:05you go to the 15 minutes time frame it's
52. 2:08even longer check this out okay so what
53. 2:11I want to expect the price comes today
54. 2:13to fill this week so we're gonna again
55. 2:16favor long positions okay that's you
56. 2:19know it's not Financial advice that's
57. 2:20how I'm reading the market
58. 2:22um we'll see if if it happens or not but
59. 2:25but yes I'm expecting that we'll come
60. 2:27back to this week today
61. 2:30um let me see where we are what is
62. 2:32holding the 50ma in the 15 minutes time
63. 2:35frame which is a a good sign to be
64. 2:38honest and in the one hour time frame
65. 2:40you know with this here as support this
66. 2:44must have been also the four hours time
67. 2:45frame that we suggested this is when we
68. 2:47enter the trade in this one here also
69. 2:50check this week's how they get filled
70. 2:52okay before push it higher and I like to
71. 2:56say that because it's basically telling
72. 2:58me
73. 2:59that they are not living big imbalances
74. 3:02behind so then I can truce this move so
75. 3:05that's basically another Confluence
76. 3:06another reason why I think that we are
77. 3:08not finished in this Zone and we might
78. 3:10continue going higher I think at least
79. 3:12today we could see 29 500 all right but
80. 3:17it's very likely that we see that we
81. 3:20also see even the whole Equity pool
82. 3:22finish now you have to keep in mind on
83. 3:24today is Friday
84. 3:25we have the weekend you know in front of
85. 3:29us so I'm not expecting you know that
86. 3:32the push continues over the weekend like
87. 3:34this I'm not gonna tell you that that's
88. 3:36going to happen because I will be lying
89. 3:38to you I don't think that's going to
90. 3:40happen then it might happen then I may
91. 3:41be wrong now but it usually happens
92. 3:44usually what you're gonna see during the
93. 3:46weekend is a range okay you're gonna see
94. 3:48something like this
95. 3:50something like this then on Monday
96. 3:53no matter some kind of false move
97. 3:56and then during the week you might see
98. 3:58the rest of the move I mean we see that
99. 4:00pretty much every single week check this
100. 4:01out uh this is the weekend range here I
101. 4:04would say we can range roles you can
102. 4:06range one hour time frame
103. 4:08let me try to find it
104. 4:11um Saturday and Sunday so I would say
105. 4:16the from here
106. 4:19all right
107. 4:20this was your weekend range then we had
108. 4:25well you know it was the weekly the
109. 4:28weekly candle on Sunday but it was also
110. 4:30the monthly candle so then you see some
111. 4:32kind of volatility it's in the evening
112. 4:34okay that's that's completely normal but
113. 4:36then you see
114. 4:37you have the weekend range then you have
115. 4:40the false move or Monday and then the
116. 4:43rest of the week you're going to the
117. 4:45opposite direction okay and that's
118. 4:47something that we see quite often to be
119. 4:49honest in this game and I call it a game
120. 4:51obviously it's not a game it's a lot
121. 4:53more than a game it's you know my job
122. 4:55but
123. 4:56um Ending game has rules and it has you
124. 5:00know it moves in a certain way uh if you
125. 5:03watch Barcelona playing you know the
126. 5:06weather gonna play the same as if I
127. 5:08watch the Bitcoin chart
128. 5:09I try to understand how it's going to
129. 5:11move
130. 5:12let me check the SMP chart because it's
131. 5:15really the only thing that makes me
132. 5:16worried in the context that if it makes
133. 5:19a move maybe Bitcoin follows okay and
134. 5:21you can see that we're in a Range we've
135. 5:23had several deviations above and below a
136. 5:26lot of deviations last night we had one
137. 5:29then we pumped because after the market
138. 5:32closed we had Apple's earnings reports
139. 5:35and they were better than expected as
140. 5:37you know guys apple is the biggest stock
141. 5:40in the SMP so if apple is pumping the
142. 5:43SMP in theory should be you know
143. 5:47um influenced by it and maybe continue
144. 5:49that pump now today we have some
145. 5:52important data coming out and it's the
146. 5:56non-farm payroll okay it's basically
147. 5:58about the labor market and that's going
148. 6:00to be in 15 minutes I just posted on
149. 6:03Twitter I warning that you know don't
150. 6:05trade until until then you know close
151. 6:07all your trades and then after that
152. 6:09let's see how the results are let's see
153. 6:12how the market react and then we can
154. 6:14trade again we can then go back to
155. 6:15bitcoin let's go back to bitcoin second
156. 6:18Bitcoin here
157. 6:21this one go to the one hour time frame
158. 6:24and let's see how they simply reacts
159. 6:25probably Bitcoin should follow because
160. 6:27imagine if you for example see you know
161. 6:30quite a bad results uh for the market
162. 6:33then maybe you can say Bitcoin
163. 6:35completing the move of this liquidity
164. 6:38pool here and then there will be a
165. 6:39better entry point than now okay to this
166. 6:42new liquidity ball to this week and the
167. 6:44landing liquidity pool
168. 6:46anyway guys I want to keep you nice and
169. 6:48short I hope that you enjoyed the update
170. 6:51thank you so much for watching and I'll
171. 6:53see you soon