Trading Course Day 14 - Market Structure — Transcript

Full transcript

1. 0:00All right. So, this is trading course
2. 0:02day 14. Today, I'm going to go over
3. 0:04market structure. I know I previously
4. 0:06already went over market structure, but
5. 0:08today is going to be more in depth to
6. 0:09make it more simpler for you to
7. 0:11understand. Market structure is overall
8. 0:13going to help you with your entries,
9. 0:14exits, and understanding where the
10. 0:16market is at. So, I I want you guys to
11. 0:18like fully focus on this because this is
12. 0:20more important than anything else,
13. 0:23understanding market structure. So with
14. 0:25this being said, I have nothing to sell
15. 0:27you, no courses, no mentorships, no
16. 0:30signals or anything to provide to you in
17. 0:32that form or fashion. I just here on
18. 0:35YouTube trying to teach you for free so
19. 0:37you can understand trading. Um, I would
20. 0:39say that I'm very knowledgeable in
21. 0:41trading. I have over a 90% win rate when
22. 0:44it comes to trading gold and crypto. Um,
23. 0:47I've recently started trading BTC for
24. 0:49the past couple of months and I've been
25. 0:51trading gold for over a year now and
26. 0:53NASDAQ. Before that, I was trading for 2
27. 0:55years. So, with all this being said,
28. 0:58make sure you guys like, comment, and
29. 0:59subscribe. And then I hope you enjoyed
30. 1:01the video. Have a nice day. So, today
31. 1:04we're actually going to work off of a
32. 1:06blank chart. So, just blank in general.
33. 1:09You're not going to see anything because
34. 1:10I want you guys to understand the rules
35. 1:13behind market structure. So, today will
36. 1:15be a part one of market structure so you
37. 1:17can understand thoroughly of what I'm
38. 1:19trying to explain to you. So first and
39. 1:22foremost, market structure is simply
40. 1:25price is showing you either a high or a
41. 1:27low, but it's structured in a way to
42. 1:29tell you if price is getting weaker or
43. 1:31stronger. So with this being said, first
44. 1:34things first, we already know what an
45. 1:36uptrend is, right? By this point in the
46. 1:39course, you should already know what an
47. 1:40uptrend is, right? You get a higher
48. 1:42high. So we have, let's go ahead and
49. 1:45take this out right here. We have a
50. 1:48higher high. We can just put HH. Doesn't
51. 1:51matter. Higher high. Higher low.
52. 1:55Right. Ho.
53. 1:57So, higher high, higher low. Price moves
54. 1:59in this sequence. This is called
55. 2:02structure. So, we're going to copy this
56. 2:04right here. And we're going to pull this
57. 2:06here and pull this here. Boom. So, this
58. 2:10is what we have. This is an uptrend. And
59. 2:13all this is very simple. I'm just going
60. 2:15to go over this briefly for anybody that
61. 2:18has probably stumbled upon this and
62. 2:19they're very new to this. Um, this is an
63. 2:22uptrend, right? And then we have the
64. 2:24same for downtrend, right? But this way
65. 2:26it is going to be down. Obviously,
66. 2:29common sense, right? So, downtrend.
67. 2:34Now, people are people will look at
68. 2:36this. Somebody has probably already
69. 2:38looked at this video just in the first
70. 2:41minute and they're like, "Ah, bro. This
71. 2:43is not what I'm looking for. This is not
72. 2:44what I need." Right? I need I need to
73. 2:47know what fair value gaps is, or I need
74. 2:49to know what yada yada yada is, or I
75. 2:51need to know what a double bottom is,
76. 2:53and all this other stuff, right? They
77. 2:54probably already they're gone. But if
78. 2:56you're still here, this right here is
79. 2:59the bread and butter. This is your key.
80. 3:02And I'm saying this because you're not
81. 3:04going to understand it now, but I want
82. 3:06you to know that structure in general,
83. 3:09this right here is your key. This is
84. 3:11your key. So with that being said, why
85. 3:15is it my key? Why is it your key? So
86. 3:19this structure that we see here, right?
87. 3:21All this that we see here, this is let's
88. 3:25put it in this term. Let's put it in
89. 3:26this way. So that way you kind of get a
90. 3:30understanding, right? That's not going
91. 3:31to be the case. But this is an
92. 3:33understanding, right? All this is man.
93. 3:37Oh, my computer stopped. All right. All
94. 3:40this is mandatory, right? All this,
95. 3:43right? Mandatory. Price. If price makes
96. 3:46a higher high, it has to make a higher
97. 3:48low. If it makes a higher low, it has to
98. 3:50make a higher high. If it makes a higher
99. 3:52high, it has to make a higher low.
100. 3:54Downtrend. If it makes a lower high, it
101. 3:56has to make a lower low. So, boom. Lower
102. 3:59low. Lower high. lower low. Let's just
103. 4:01say this is mandatory. So, put that in
104. 4:05your head right now. If price makes a
105. 4:07higher high, it needs to make an a
106. 4:09higher low. If price makes a higher low,
107. 4:12it needs to make a higher high. Put that
108. 4:14in your head right now. Right now, since
109. 4:17we all got this in our head, I want you
110. 4:19guys to know this is mandatory.
111. 4:25But on the higher time frame
112. 4:32it's
113. 4:34oops it's
114. 4:40highly I cannot spell today highly
115. 4:43respected
116. 4:47on the higher time frame it is highly
117. 4:49respected. So now take away this
118. 4:52mandatory word.
119. 4:54Higher time frame is highly respected.
120. 4:58Remember that higher time frame higherly
121. 5:02respected. Highly respected. I said
122. 5:05higherly.
123. 5:06Higher time frame highly respected.
124. 5:09Higher time frame highly respected.
125. 5:12Higher time frame higherly respected. So
126. 5:18with this being said,
127. 5:20lower time frame
128. 5:24lost respect. Let's just say that. Lower
129. 5:26time frame losing respect.
130. 5:30Let's just put it that way. Lower time
131. 5:32frame
132. 5:36loses respect.
133. 5:40Right? So we're going to explain it in
134. 5:42this way. Today we're going to explain
135. 5:44it in respect. So what is a higher time
136. 5:47frame? So what what is considered a
137. 5:49higher time frame? So high would be one
138. 5:53hour,
139. 5:564 hour
140. 6:00and then you can use the one day.
141. 6:03These are all good right here. Look at
142. 6:05look at my screen right here. You see
143. 6:07daily, 4 hour, 1 hour. That's all you
144. 6:09need, right? And then you have the lower
145. 6:12time frame low.
146. 6:1615 minute time frame,
147. 6:1830 minute time frame, but I don't use
148. 6:20that. So, I'm going just only put what I
149. 6:22use. 15 minute time frame. That's lower.
150. 6:26So, why does this all matter? I want you
151. 6:30guys to screenshot this and, you know,
152. 6:32save this picture, right?
153. 6:34All this matters because
154. 6:38you only need respect.
155. 6:43You only need respect
156. 6:46when it comes to marking up your charts.
157. 6:50Boom. Let's do this. And I'm explaining
158. 6:53it in a way so you can understand.
159. 6:56There's definitely different scenarios
160. 6:58where everything is needs to be used,
161. 7:00but you're not there yet. We need to get
162. 7:02you to understand the actual basics
163. 7:04first. So marking up is where you need
164. 7:08the most respect. You need to find the
165. 7:11most respected levels on the higher time
166. 7:13frame. These levels are respected for a
167. 7:16reason. So marking up is going to be
168. 7:19where you need to find respect. So that
169. 7:21means you need to be marking up only on
170. 7:23the higher time frames. And marking up
171. 7:25is essentially finding a high and
172. 7:27finding a low, right? Previous high,
173. 7:31previous low, and working off of it. So
174. 7:34with all this being said, marking up is
175. 7:36here. And then
176. 7:39this
177. 7:41goes to entries. So this can go to your
178. 7:45entries,
179. 7:46but they have to correspond with each
180. 7:49other. So in order to get your entries,
181. 7:51it has to match up with your markups,
182. 7:53right? So it's kind of like the pond. So
183. 7:57this is like the level one guy
184. 8:00who plays with the level 10 guy, right?
185. 8:03This dude's on level
186. 8:05level 10. But when they come together,
187. 8:10they average out into let's say, I don't
188. 8:13know, like five, right?
189. 8:16So, there's a balance. This is what I'm
190. 8:18trying to get you guys to understand.
191. 8:19There's a balance.
192. 8:22But if you get better, you you don't
193. 8:24even need this, right? You don't even
194. 8:25need the lower time frame if you don't
195. 8:27want to, right? Everything is going to
196. 8:29be working off of this higher time
197. 8:31frame. The only reason that level one
198. 8:33player got up to level five was because
199. 8:35it was playing on a level 10. It was
200. 8:37playing with the level 10. So it has to
201. 8:39equal out up there. So the lower time
202. 8:42frame once it starts pushing above or
203. 8:45below a higher respected level, it has
204. 8:47to match what the average is. It has to
205. 8:50match that. It has to compete with that.
206. 8:53So it starts moving up and getting
207. 8:55stronger. So going back to it, that
208. 8:58level one's trying to move up, but it
209. 8:59has to get stronger. That's the only way
210. 9:01it's going to break above that level,
211. 9:03right? And then once it gets to there,
212. 9:05it's already matched up. So everything
213. 9:07starts to align. So now what all this
214. 9:10means is,
215. 9:12sorry for my spelling today,
216. 9:16alignment, right? Everything has to
217. 9:19align, right? So if you're looking at
218. 9:21one time frame
219. 9:23and let's say you're looking at the 1
220. 9:25hour, the 1 hour is bullish, but the 15
221. 9:28minutes bearish. That means you cannot
222. 9:30take that trade, right? You need the 15
223. 9:33minute.
224. 9:36Let's go here. 15 minute, one hour,
225. 9:404 hour to align.
226. 9:44Now, in most cases, depending on what
227. 9:47trend you're trading, you don't need the
228. 9:49daily time frame to align. I'm going to
229. 9:51explain why in a bit.
230. 9:54But in this case, the 4hour time frame,
231. 9:571 hour time frame, 15-minut time frame,
232. 9:59all needs to correspond with each other.
233. 10:01So that way you can get into the trade
234. 10:03and everything runs smoothly. The reason
235. 10:06why is because every structure is now on
236. 10:09the same path. Well, Sai, what do you
237. 10:11mean?
238. 10:13So let's go over here.
239. 10:16I'm trying to keep this so you can make
240. 10:17it take a picture. Matter of fact, take
241. 10:21another picture. Boom. Boom. Take a
242. 10:23picture of this.
243. 10:26All right, cool. I'm going to move all
244. 10:28this out the way. Boom.
245. 10:31So, with this being said,
246. 10:34what we see here is going to be the 1
247. 10:37hour time frame,
248. 10:40right? This is the 1 hour time frame.
249. 10:41Matter of fact, let's make this the 4
250. 10:43hour time frame. A better example for
251. 10:45you. We're going to make this red.
252. 10:51Red is the 4hour time frame. Red 4our
253. 10:55time frame. So you don't get lost. I got
254. 10:56a little map up here for you. Red 4our
255. 10:59time frame. The blue
256. 11:03haven't made it blue yet, but
257. 11:08boom. We're going to go here.
258. 11:15We're going to go back up.
259. 11:22going back down.
260. 11:26And we're going to go back up.
261. 11:32Right.
262. 11:34We're going to spread this over here.
263. 11:36Put this right here.
264. 11:41Boom. So, right about there. We're going
265. 11:45to make this blue,
266. 11:47right? The blue is
267. 11:521 hour time frame.
268. 11:55Now,
269. 11:57before we go into the 15, I want you
270. 11:59guys to understand something and I don't
271. 12:01want you to get confused.
272. 12:04In the moment that the red and the blue
273. 12:08align, so the red is the one hour or
274. 12:11Yeah. Sorry, sorry, sorry, sorry. Why
275. 12:13did I draw it like that? Sorry, I just
276. 12:16made the wrong colors. This one's
277. 12:18supposed to be red. This one's supposed
278. 12:20to be blue.
279. 12:24So,
280. 12:25the red is the 4 hour. This is a
281. 12:27stronger time frame.
282. 12:29I want you guys to notice something
283. 12:31here. As the one hour time frame is
284. 12:34coming up, notice how it's not breaking
285. 12:36structure. So notice how we have a
286. 12:39higher high, higher low, higher high,
287. 12:41higher low, higher high, higher low,
288. 12:43higher high, higher low, higher high.
289. 12:47Right? But the moment the 4 hour needs
290. 12:49to correct, look what happens to the 1
291. 12:51hour. It starts building a downtrend.
292. 12:55But the moment that the 4 hour is done,
293. 12:57look what the 4 hour makes. So I want
294. 12:59you to understand this. The 4 hour makes
295. 13:02what we've seen before on the 1 hour.
296. 13:05We've already seen this already on the
297. 13:07uptrend.
298. 13:08So, it made a high and it just made a
299. 13:11higher low. Look what the 1 hour did.
300. 13:13Made a high, higher low, high, higher
301. 13:16low. So, if price here on the 4 hour
302. 13:19makes a high, creates a higher low, what
303. 13:22do you think is going to happen the next
304. 13:24time it makes that push or the next,
305. 13:27what is the next move that price is
306. 13:28going to make for the 4 hour? A higher
307. 13:33high.
308. 13:34Now, all I'm doing and all I'm trying to
309. 13:38teach you to do is see the fact that
310. 13:41when price is going on that small
311. 13:43pullback for the 4 hour, the 1 hour is
312. 13:46going on a downtrend. And it's going on
313. 13:49a downtrend. So that way when it does
314. 13:51get ready to come back up because of the
315. 13:534 hours, the 4 hour is done correcting.
316. 13:55So once the 4 hour is done correcting,
317. 13:57the 1 hour starts to make signs
318. 14:00before you see the 4 hour. That's what
319. 14:03I'm trying to get you to see.
320. 14:05The one hour and the 15 is going to show
321. 14:07you signs that price is going back up
322. 14:11before the 4 hour starts to move.
323. 14:14That's what I want you to see. I want
324. 14:17you to understand this. This here is
325. 14:20structure.
326. 14:22All this is structure. Now, what we're
327. 14:24talking about is correlation. Right now,
328. 14:27we're currently talking about
329. 14:28correlation. The correlation between the
330. 14:294 hour and the 1 hour time frame. Now,
331. 14:32if you don't want to use the one hour or
332. 14:34I meant the 4 hour, you could use the
333. 14:35one hour. Now, the 15 is a little bit
334. 14:37more choppier when it comes to finding
335. 14:39that structure. But look here, if we
336. 14:42mark our highest point, because remember
337. 14:44on the 4 hour, this is that highest
338. 14:45point right there.
339. 14:47If this is our highest point, all we're
340. 14:50looking for is price to come back above
341. 14:52this level. Um, this is an indication
342. 14:55correction and then a continuation. Or
343. 14:56we could do this as the indication price
344. 14:59pulling back. But remember that's all
345. 15:01off that 4hour time framework right
346. 15:03there. So that's like a different type
347. 15:05of advance right there for you. But all
348. 15:07that is just simply price action. And
349. 15:10you don't have to stick to one time
350. 15:11frame maneuver right the same way we can
351. 15:14see this on the 1 hour. We could have
352. 15:15made this way simpler for ourselves and
353. 15:17seeing 4hour was making a high correct
354. 15:21it. Boom. We could just boom do this
355. 15:23right here. Go back to this color. We
356. 15:25could say, "Oh, price ended up breaking,
357. 15:28giving us a indication." We see the
358. 15:30correction. Now, we're taking the
359. 15:31continuation back up, right? And then
360. 15:34we'll have like a position that looks
361. 15:35sort of like this. Price breaking above
362. 15:38this previous high right here. So,
363. 15:40anything above this lower high, price
364. 15:43made a higher high, corrected back above
365. 15:45here, entry. And I'm going to show you
366. 15:48guys an example. And then we target up
367. 15:51tier to the highs. But we know price is
368. 15:53going to make a higher high or try to
369. 15:55make a higher high. So we can aim for
370. 15:57more. So we can keep this target open.
371. 15:59We'll put our stop loss under this
372. 16:00higher low or even this higher low
373. 16:02depending on what your risk is. You just
374. 16:04don't want to see price break any lows
375. 16:07because in structure what is what
376. 16:09happens, right? Remember
377. 16:13highly
378. 16:16respected
379. 16:18higher time frame higherly respected. So
380. 16:22higher time frame
381. 16:26highly respected. Higher time frame
382. 16:29highly respected. Let's pull this over
383. 16:31here. Actually,
384. 16:34let's pull all this over here. Higher
385. 16:36time frame highly respected. So if price
386. 16:39makes a higher low on the 4 hour, you
387. 16:42can already expect that the price is
388. 16:45going to respect that as it starts to go
389. 16:48up. It's not going to try to come back
390. 16:50down here and test it again. It's not
391. 16:52testing this gangster that the price is
392. 16:54not going to retest it again. Like it's
393. 16:57kind of like gangbangers or in a sense
394. 16:59like you already know this your your ops
395. 17:02is on one block. You're not gonna go
396. 17:04keep trying to spin back knowing they
397. 17:05got all types of dangerous guns waiting
398. 17:08for you. You're not going to go test it
399. 17:09again. Momentum is a wave. Momentum is
400. 17:13essentially going to help you lose that
401. 17:17fear of structure. It's going to help
402. 17:20you lose that fear of trading in
403. 17:22general. Um, a lot of people they're
404. 17:24like, "Well, how how do you know it's
405. 17:26not going to make a lower high and just
406. 17:28go back down?" or how do you know that
407. 17:30it's not just going to sell off or or or
408. 17:32just buy all the way up, whatever the
409. 17:34case might be. People have a lot of fear
410. 17:35when it comes to trading. So, with this
411. 17:38being said, momentum helps you get rid
412. 17:40of that fear a little bit. It's not
413. 17:42going to make it overnight change, but
414. 17:44it's going to help you get rid of that
415. 17:45fear. So, basically what you're going to
416. 17:48see is a wave, a high, a low. is
417. 17:53carrying all that momentum that it came
418. 17:55down with and is grabbing more water as
419. 17:58it comes down. And as it's ready to come
420. 18:01back up, it pushes off that water that
421. 18:03it collected and that previous
422. 18:05foundation and pushes off of that to
423. 18:08carry more momentum and make a new wave
424. 18:11and make a new high. It goes down,
425. 18:14carries back up,
426. 18:17goes down, carries back up. All this is
427. 18:20momentum. All it's doing is coming up,
428. 18:24coming high as it can go. As it's going
429. 18:26down, it's coming down with the leftover
430. 18:29water, carrying and picking up more
431. 18:32water. Once it reaches a foundation, so
432. 18:35a flat bottom, it'll end up carrying all
433. 18:39that heavy water over into this new new
434. 18:42wave. And as it's coming up, it's coming
435. 18:44up with more or double the water that it
436. 18:47came up with or came down with the first
437. 18:49time. So everything's a momentum. All
438. 18:52this is just momentum
439. 18:56and pushing back up into the new wave.
440. 18:59Or you can explain it like a car, right?
441. 19:02If you go down this hill or even a bike,
442. 19:04if you go down this hill, you're going
443. 19:06to go down pretty fast. You're going to
444. 19:08get to the bottom and this is where you
445. 19:11have max momentum. So right here, you're
446. 19:13coming down fast, fast, fast, fast,
447. 19:15fast, fast. But as soon as you get to
448. 19:16this bottom right here, that momentum
449. 19:19that you came down fast with is going to
450. 19:21push you into the new wave and you're
451. 19:24going to go higher, right? And you're
452. 19:26going to lose steam before you get to
453. 19:28the top. So this is how trends can end,
454. 19:30right? So as you're flying up, you're
455. 19:34just using all that momentum right here,
456. 19:36right? All this momentum right here. And
457. 19:39as this momentum is coming in, you start
458. 19:41to lose volume right here. So they'll be
459. 19:43smaller. Let me just do it like this.
460. 19:46So, we'll have big ones,
461. 19:49big big big momentum, big momentum, big
462. 19:51momentum, and then you start to lose it,
463. 19:55right? You start to lose it. So,
464. 19:57sometimes that's why you see when price
465. 20:00makes a new high, there's a little bit
466. 20:02of consolidation afterwards or there's
467. 20:04like a little struggle to break higher
468. 20:05or go higher because it's it's losing
469. 20:08that momentum and then there's a
470. 20:10stagnant price is chilling or you're
471. 20:12just chilling. you're trying to cl or
472. 20:14maybe you've stopped right here and
473. 20:15you're trying to climb a little bit to
474. 20:17the top to get to the top and then
475. 20:19you're ready for that next ramp down
476. 20:21which brings more momentum because this
477. 20:24one's going to be way bigger than the
478. 20:26previous momentum and then this time you
479. 20:29do the same exact thing. Everything's
480. 20:31always the same exact thing, right? So,
481. 20:34in the beginning when you see price
482. 20:36going down, that's why sometimes when
483. 20:38price makes a new high, there's an
484. 20:40abrupt change and there's an abrupt
485. 20:43bearish trend and people think it's
486. 20:45going to sell off, but really that's
487. 20:47just price trying to collect as much
488. 20:50momentum as possible so that way the
489. 20:52next wave up is going to be super
490. 20:54strong. It's the same way with a
491. 20:56downtrend. A downtrend is [snorts]
492. 20:59obviously going to be the same way. So,
493. 21:00we're going to show you what that looks
494. 21:02like. On a downtrend, you're going to be
495. 21:04going down super super fast. Now, with
496. 21:07downtrends, these momentum are going to
497. 21:09be way stronger, too, as well, because
498. 21:12on a downtrend, when things are going
499. 21:14bad, cuz remember, I trade gold, I trade
500. 21:17uh crypto, so I trade things that people
501. 21:19are normally invested into. So, when
502. 21:22things are going down, it kind of goes
503. 21:23bad really, really fast because that is
504. 21:26fear. So, those are things that you have
505. 21:29to take account of, too. But don't
506. 21:30stress out about that. Don't try to go
507. 21:32look up is everybody scared or whatever
508. 21:34the case might be. Just look at what
509. 21:35price is showing you. Just know in your
510. 21:38head when things are selling off, it's
511. 21:40typically worse than buying because when
512. 21:43things are selling, everybody starts to
513. 21:45get in fear because they are losing
514. 21:47money, right? Investors are losing
515. 21:50money. So, with that being said, um
516. 21:53these have way more momentum. So that's
517. 21:55why you see something like BTC recently
518. 21:58as I show you. We're going to go to
519. 22:01here. We're going to go to here. And
520. 22:04then we're going to go look at this. I'm
521. 22:07going to flip the chart back.
522. 22:09I want you to pay attention to this.
523. 22:12Look at the wave.
524. 22:14Right. So the wave was going up
525. 22:18down consolidation a little bit picked
526. 22:22up that volume went up started working
527. 22:26down right tried to come up stagnant
528. 22:30went down up a little bit went down up a
529. 22:35little bit
530. 22:36went down up a little bit went down and
531. 22:40the wave is just and all this is just
532. 22:42momentum every time makes a low, tries
533. 22:45to push up for a high, goes lower, tries
534. 22:47to push up for that wave again, goes
535. 22:49lower, pushes up for that wave again,
536. 22:52super low off this this volume. So now
537. 22:56what you would probably see in the next
538. 22:57couple of days is price try to pick up a
539. 22:59little bit
540. 23:01before it has another drift down. And it
541. 23:03might not be that big, but that's just
542. 23:05to go to show what the volume is or what
543. 23:08the momentum is giving you and showing
544. 23:09you, right? And I'm gonna explain more
545. 23:11about
546. 23:13um corrections and pullbacks and all
547. 23:16that stuff and how to prepare for that
548. 23:18and how to look for that. But right now,
549. 23:20I need you guys to understand what
550. 23:22structure is. I don't want you to fully
551. 23:25understand what it does and how to use
552. 23:27it yet. I want you to understand what it
553. 23:29is and how it is respected. Higher time
554. 23:32frame, highly respected. So, this is
555. 23:35Bitcoin.
556. 23:37As you can see, we had highs in the
557. 23:39market. I'm not going to mark
558. 23:40everything, but this is our highest
559. 23:41point. You can see price went low, tried
560. 23:44to come up high, failed to do so. So now
561. 23:46we have a lower high, lower low, lower
562. 23:48high, lower low, lower high, lower low.
563. 23:52All this right here is consolidation.
564. 23:54Equal highs. Nothing broken here. Lower
565. 23:56low, lower high. This is actually equal
566. 23:58high. So this technically counts as
567. 24:00another lower high. Lower low. Lower
568. 24:03high. Lower low. Lower high. Lower low.
569. 24:07Lower high. Lower low. lower high, lower
570. 24:10low. Now, I know all this seems fairly
571. 24:12easy. It's It's I know it's hard when
572. 24:16you're actually looking at the charts,
573. 24:18but you have to. This is because you're
574. 24:20not trusting it, right? So, when price
575. 24:23was here,
576. 24:25when price was here,
577. 24:28there was nothing to be scared of
578. 24:31because price made equal highs. equal
579. 24:33highs is just telling you, hey, price is
580. 24:36taking uh trying to retest this levels
581. 24:38to see if it can break. But if sellers
582. 24:40take control, it'll just make that equal
583. 24:43high. So, this is letting you know
584. 24:44sellers are strong here, which is a good
585. 24:46sign. Or even in this scenario right
586. 24:49here, and you can use lows this time,
587. 24:51right? So, this low is broken.
588. 24:54We have a indication to tell us price is
589. 24:57bearish, a correction. anything under
590. 25:00here. Hey, this is the last lower high.
591. 25:03We had a lower high. The structure was a
592. 25:04lower high. So, I feel like this is a
593. 25:07good sell. We have a lower high, equal
594. 25:09high. Price is also breaking a low. This
595. 25:12is a good sell. This is actually where I
596. 25:13sold from too as well. Um, but yeah,
597. 25:17this is just to show structure is always
598. 25:19going to be king no matter what. You can
599. 25:21see what price is going to do before it
600. 25:24even makes that movement. I tell people
601. 25:26all the time, you want to be ready for
602. 25:27the storm before the storm gets here
603. 25:29because imagine trying to get in when
604. 25:32prices already dropping. There's
605. 25:34probably thousands and thousands,
606. 25:35millions of traders trying to get into
607. 25:37these BTC cells at the last minute. And
608. 25:39look where they're at, right? Look where
609. 25:42they're at in structure, right? They're
610. 25:44at the bottom, the low of the low. When
611. 25:46we as ICC traders, we know price is
612. 25:49going to eventually give us that uh
613. 25:52lower high. Once it gives us that lower
614. 25:54high, we can take advantage because we
615. 25:56know once it corrects and then starts to
616. 25:59change structure back to bearish, we're
617. 26:01going to be looking for that next lower
618. 26:04low, right? We get that lower high, wait
619. 26:06for the trend to correct on the 1 hour
620. 26:09time frame or whatever time frame we're
621. 26:11looking at right now. We're looking at
622. 26:12the 4 hour. So, we will wait for the 4
623. 26:14hour to correct, jump on the 1 hour,
624. 26:16look for price to go bearish on the 1
625. 26:18hour again, and take the sell back down.
626. 26:21I do think price is going to go to 50K
627. 26:23on BTC. I'm very bearish on BTC. Um, and
628. 26:27this is also a thing too because this
629. 26:29plays a part in everything. Price had
630. 26:32just broken this low and this is a new
631. 26:33indication. Um, the last lower high on
632. 26:36the daily time frame we have was right
633. 26:38around that 90K mark. So, I do believe
634. 26:41price could pull back a little
635. 26:43aggressive. Um, and people are going to
636. 26:45be on the media talking about some, oh,
637. 26:48BTC's back on a bull run and stuff like
638. 26:50that again and all types of stuff.
639. 26:52People are going to say that. Um, but
640. 26:56that's just only to get you to buy
641. 26:57price. So then you can become liquidity.
642. 26:59But eventually we'll get that lower
643. 27:01high. Once that lower high is created,
644. 27:04we know that we can sell back down
645. 27:05again. So once again, this whole video
646. 27:07was just based off of knowing that when
647. 27:09price makes a higher high, it makes a
648. 27:12higher low. Whenever it makes a higher
649. 27:14low, it's going to make a higher high.
650. 27:15Higher high, higher low, higher high,
651. 27:17higher low. So remember, the higher the
652. 27:21time frame, the highly respected. Also,
653. 27:23I want to add in the higher the time
654. 27:25frame it is, the more you have to wait
655. 27:27or the longer you have to wait for that
656. 27:29structure to actually play out. I know
657. 27:32you see that the charts is moving and
658. 27:34people are probably in trades or
659. 27:35whatever the case might be and you're
660. 27:38willing to FOMO, but I want you to know
661. 27:40that you're not missing out. One push
662. 27:43down or one push up is not you missing
663. 27:45out. That's just a part of the trend
664. 27:47that is currently happening, right?
665. 27:49There's always going to be some type of
666. 27:51trend somewhere. And you have more than
667. 27:53250 days throughout the year to trade.
668. 27:56So you don't have to rush into anything.
669. 27:58Just always remember if you miss this
670. 28:00leg down, remember there's another leg
671. 28:02up that has to come to make that lower
672. 28:04high and then there's another leg down.
673. 28:06If it doesn't do that, it'll make a
674. 28:08higher low and then you can take the
675. 28:10price back up. So, it's a win-win. You
676. 28:12just have to be very, very patient for
677. 28:14your turn. Like right now, I'm not in
678. 28:16BTC cells anymore. I closed my trade
679. 28:19right around 74. So, I didn't catch all
680. 28:22this 10,000 points down, right? But
681. 28:25that's okay because I do know that there
682. 28:27will be some type of push up. It will be
683. 28:30either big or small, but I know I could
684. 28:32take advantage and then look for price
685. 28:33to head back down. Right, the last lower
686. 28:37high we had was here. So, I know price
687. 28:39could test all the way until it gets up
688. 28:41to here. So, that's a nice decent
689. 28:43pullback. Um, also as well, I meant to
690. 28:46explain this part. As you see, the
691. 28:48weekly time frame has a new low. This is
692. 28:51technically new low. And as you can see
693. 28:53as well, what do we have here? Higher
694. 28:56high, higher low, higher high, higher
695. 28:58low, higher high. It breaks it. Lower
696. 29:01low,
697. 29:03lower high. Now, we have a new lower
698. 29:05low. what could possibly come next lower
699. 29:09high and goes down. So with this being
700. 29:12said, I hope market structure made sense
701. 29:14to you today. This is part one of the
702. 29:16market structure because I feel like I
703. 29:19have to really go in depth to every bit
704. 29:21of information that it comes to market
705. 29:23structure so you don't get misunderstood
706. 29:26or misunderstand something. Um, so yeah,
707. 29:30that's that. Hope you guys have an
708. 29:31amazing