don't miss this A+ bitcoin trade setup today!

What's good, guys? Welcome back to another video. The setup that I'm seeing right here on Bitcoin is probably the best setup that I've seen all week, ever since last week. And yeah, in this video, I'm going to break it all down. But before we get into it, if you're new here, welcome. My name is Xuan. I've been publicly documenting the success rate of all of these trade calls that I make daily right here on YouTube for the past year and a half or so. And currently I'm at about a 75% win rate. So chances are I tend to be right just a tiny bit more compared to when I'm wrong. If that gives you a good reason to listen to me, then you're going to want to check out the highlights channel where I'm posting a lot of the clips from my coaching calls, my one-on-one calls, And just in general, like my live trading calls, where I get really deep onto a narrow set of trading topics, which are incredibly valuable, but they are not really filmed in a format that would be suitable for me to just post on this main YouTube channel. So if you want more trading content, check out the second channel. But otherwise, let's get right into the main event, the main dish. And we're going to kick things off by saying that in terms of the weekly bias right here, we are already expecting upside. And in fact, we have already gotten upside, technically speaking. And even if you just take a look at the average weekly volatility, Now, if you take a look here, that's like around $6,500, maybe $7,000 of volatility that we can expect from the low to the high of the weekly candle. And this has been the case for the past 14 weekly candles, right? That's the average. Now, granted, the last 14 weeks has not been the absolute most volatile, but either way, it doesn't change the fact that we have had quite a lot of weekly volatility already in the first day of the week where we started the day, or rather we started the week off yesterday at $80,800 and we ended up with a high of $87,400. So that's already around $7,000. Now, am I saying that purely because of this one metric we are not expecting further upside? No. In fact, if anything, we're still going to be looking for more upside because the only way that we will find out if we are going to just go on for a full reversal, right, basically this just being some sort of liquidity sweep on the weekly chart, stop everybody out, trick everyone into thinking that price is going up, the bull market's back, and then just reversing it fully, or if we will find out if this will be a breakout and a retest and price actually holds above this level, is as I've mentioned on the video yesterday. We need to wait for this weekly candle to close first, which means that's another 5 days and 18 hours from the time of this recording before we even have one solid signal to work with in regards to if this is like, hey, the bull market's back. Now, is this going to affect what we're doing here on these daily intraday trades that I'm calling right here on YouTube, where we're looking to get in and out of the trade within the span of a couple of hours? No. But still, it's good to keep in mind that in terms of the weekly bias here, we have basically completed the weekly objective already. Anything else that comes after this is going to be a bonus. And the way that I want you to think about this is very similar to The way that we thought about yesterday. Now, in terms of daily volatility, right, on average, we can expect every single daily candle to hover between $2,500. This is the average that we have taken from basically since, you know, the middle of August. So basically for the last month, this has been the average around $2,500 from the high to the low of every single daily candle. But yesterday was clearly an outlier. We started at $80,000 and we went all the way to $87,000. Now, if you actually watched the video yesterday, you would've heard me say something along the lines of like, right, at the time that I was recording, it was already at $85,000, is price going to still give more movement towards the upside? Yeah, it could be possible. But we do want to take into account the fact that we have already far surpassed the daily volatility, which means anything else after that is a bonus and not expected. Now, obviously, if we recorded a video at this point yesterday and price was already showing some signs of going up, then we would say, all right, we can expect another, you know, couple thousand dollars worth of movement because we have not yet met the daily volatility target. So it's not to say that price cannot continue to pump. It's just unlikely, right? The odds are stacked against us. If we are looking for much further upside, is it possible? Yes. Yesterday we ended up getting another couple thousand dollars more, which again, likely it's not that I'm super surprised at it, which I really hope some of you managed to make money yesterday because like the exact setup that if you recall me saying about, which is you basically want to see some sort of consolidation or retracement. Want to see price break above it to give you a new order block to work with and then to actually take a trade once you retrace back into the order block and you just target for 2R. Yesterday I did mention like I wasn't going to set any new targets. It's just whatever trade you ended up getting into, just target for 2R. For example, if you use this order block right here, 2R, just be somewhere around there, right? That's a 2.1R, and it would have comfortably hit the target. Now, did I personally take the trade? Absolutely not, for the reasons that I've already mentioned. Like, I didn't think that there was that much more room in terms of daily volatility to expect for yesterday. And granted, this is a huge order block, which means that I needed a similarly large move in order to hit the TP. Me personally, I ended up avoiding it. Now, could you have said that that was a mistake in hindsight? I wouldn't think so, and I'll explain why. Success in trading basically boils down to your ability to take the higher probability outcome over the lower probability outcome and sustain that for a You know, a consistent period of time. If you take a look at the price action yesterday heading into the New York session, right, assuming you did not know how price would have played out, the fact that, you know, we would have gotten another couple thousand dollars worth of movement, would you have reasonably expected, okay, after such a huge pump and when you get such a large order block, which basically started at $85,000 and ended at $84,000, right? In order to get 2R out of this, you would have needed a further $2,000 of price action because this would have been worth $1,000. So you needed, you know, another $2,000 worth of price action. Now, do you think that would have been likely given that we have already had this much volatility prior to heading into the New York session yesterday? Now, if your answer is somewhere along the lines of no, then it was a correct decision to sit out of the markets for yesterday because you already made a bet that, okay, price moving this much is less likely, right? Let's say you give this a 30% chance. The price actually maybe just chopping around or potentially retracing, let's say you give that a 70% chance. So if you ended up taking the 70% kind of outcome, but you ended up missing this whole trade, it doesn't mean that you made a mistake. It's just 30% of the time still happens. It's still like, it's not 0%, it still happens. It's just a less likely outcome. This is what makes trading so difficult over the long term for so many people, because you can't think in terms of outcomes. You have to think in terms of probabilities and especially probabilities at the time when you're making the decision. And that's just one of the mental models that I discuss heavily within bootcamp. And it's one of the main reasons why more than half of the people who end up working with us either start making a full-time living from trading or they just get funded for more than $100,000, at which point they will start making a full-time living from trading. Now, I won't get too deep into this right now, But if you're interested to work with us one-on-one to not only learn the system, but have us help you apply the system and make sure you're applying it right so that you can start getting consistent results from trading, I want you to click the first link in the description box below and just book a call. Otherwise, just to get back into the video, like I did mention at the start of it that the trade setup for today is super obvious where we have a super bullish daily bias. We have really clear 1-hourly order flow, which you'll see right now with the 1-hourly order flow. Clearly this is bullish. So all that remains is to put into action the plan that I came up with yesterday. Now, just to explain what I mean, yesterday I did say that I was fully comfortable letting the day play out. One, because of the probability theory thing that I just explained to you. But secondly, because even if price were to move, like that's a really good thing because it gives me an opportunity that once the trading day ends, and as you can see right here, 4 PM is when you get the high of the day. And then between 5 PM, like basically the New York PM session, come all the way down, right? That's a retracement. That is, and this is something that happens almost daily where, you know, the main trading session ends and all right, you go into overnight mode and you start retracing. Now waiting for this retracement is actually genius because I didn't need to chase price and take some stupid trades on a day where I was no longer expecting this much price movement. Instead, I can start off fresh, get into a better position, and potentially ride the daily volatility expansion of this new day. The daily bias is bullish. The 1-hourly is already bullish. Right now, we're just looking for a retracement. We get in and we ride the market upwards. There's a concept known as momentum trading. You can call this a retrace and continuation, whatever, or buy the dip if you want to use crypto bro terms. Now, usually when we you know, use this technique. We look for high probability areas for price to kind of retrace into before we get continuation. My favorite levels to look for are usually order blocks. Unfortunately, the closest order block on the 1-hourly chart is going to be all the way down here, so we may have to defer to the 5-minute chart in order to find these new order blocks. Besides that, we can also look at the daily candle. Not really, we don't really have anything to work with here. So yeah, in terms of the 1-hourly today, we don't really have too much, but in terms of the 5-minute, you can definitely see that All right, we're coming back into this order block cluster right now. We have just gotten a manipulation underneath the Asia lows, which is exactly what we want to see. Just to explain what I mean here, Asia tends to be the session of accumulation. On a day where you have a bullish daily bias, every time the London session sweeps below the Asia low and proceeds to form some sort of a change in state of delivery, you would anticipate that this would be manipulation, right? Basically a false move to, you know, go below sell-side liquidity to trick everyone into thinking that, yep, the price is going to continue going down before you reverse and head in the direction of the daily bias. This is a textbook setup known as an accumulation manipulation distribution type of setup, and this is exactly what's playing out right now. So as you watch this video, especially by the time you watch this video, all you want to see is for this manipulation to actually continue on, right? As long as you can see that price is making higher highs and higher lows on the 5-minute chart towards the upside, it basically confirms that in terms of the 5-minute order flow, you're already bullish. And at that point, When you get into the New York session, you just have to get into one of these retracement areas. And as for exactly how you want to execute this, you want to look for new 5-minute order blocks. So for example, this right now is a 5-minute order block. Once price goes above it, retrace into the order block, start, stop, and take your profit at 2R. Or in the event that you are looking for just some sort of market structure expansion towards this direction, then $87,400 actually makes super solid sense as a safe and reasonable target that can give you a lot of potential for, you know, a big win. Now this changes, of course, if when you head into the New York session, price continues to just retrace, retrace, retrace. At that point, at that point, you would 100% look for this order block to hold as support instead. So basically, when you get into the New York session between 7 AM to 10 AM, which by the way, like today we have absolutely zero news. So that's why the execution window for the New York session is literally just 7 to 10. That's the New York kill zone. And when you get into the New York kill zone, you generally just want to look for 2 conditions to be present. First of all, is you have entered into some sort of higher time frame key level or just a key level in general. Secondly, you want to see that the 5-minute chart has now shown you indication that the The price is moving towards the upside. Now, the reason why you want this is because it's not enough to just simply come up with an idea. All right, this is a bullish order block. We are a bullish day. We have a bullish daily bias. Okay, I think this level is going to hold the support. Let me just place a limit order there and just call it a day, right? You don't want to do that ideally because that's just step one, because that's just your idea. And for any trade idea to become a trade setup, you need 2 things to be present. First of which is that you need the idea, right? But second of all is you need evidence from the market that You know, hey, the market's telling you, all right, you've come into this key level and there is willingness to go towards the upside. Assuming you're bullish on the idea, this is the evidence that you need. This is why that CISD or that order flow confirmation is so important. It prevents you from getting into too many false moves. Basically, 2 bases are going to play out. If price does not continue to just kind of break lower from this point onwards, you can already confirm that the manipulation has been playing out. And the next step is going to be distribution. Your job is to simply get in at some point during this distribution process and ride that wave towards the upside, and you're going to get an easy 2R out of it. Alternatively, this manipulation may break down. Again, I can't predict the future, but I can give you a couple of high probability scenarios to look for and exactly what to do when the conditions for these scenarios get met. So if that second scenario remains true where you retrace even deeper, then all you want to do is look for some sort of 5-minute CICD once you get into the New York kill zone. And that is where you're going to be executing a trade, a lot like what we're doing right now with the London kill zone one here. And you're going to take your profit either at the previous daily high or at the Asia highs. Both are valid. There is a potential that price could continue to just make a new high today, which again If we take a look at daily volatility, we started the day off at 86,600. We are currently down to 85. Now assuming we use the average of like $2.5K kind of like daily high to low, then low at the moment 85, the high we can easily just target the previous daily high or even potentially more. But that's the setup that you would look for. By the way, if you're finding value from these free videos that I make, or if you have already made money before just by following along these trade calls that I've been making right here on YouTube, I just wanted to let you know that you're going to be able to achieve way more if you actually get the full recipe, right? The full secret sauce that is present within the programs. As much as I try to share and impart as much of my knowledge as possible within these free videos, truth is there is only so much that I can share. And I'm going to be realistic when I tell you this, that right now, right here on YouTube, you're probably getting like 20% that you would actually need to make this system your own and to be able to execute this super consistently. And I'm not just talking about the knowledge. There is also the execution part of it. That you need to take into account. So if you've already gotten results from these free videos, you've already gotten results by trying to make the system work. I just want you to imagine how much better results you could potentially get if you actually knew literally the step-by-step guidelines, the SOPs, the frameworks, the mental models, and having me and our head coach Sid keep you accountable through every step of the process. If that sounds interesting to you, I want you to click the first link in the description box below and book a call. But otherwise, if I do get into any trades today, you're going to see me post them on X. So feel free to follow me there. None of my public calls are going to be gated behind signals groups. I'm all just kind of free on X, so feel free to follow me there. By the way, I'll see you guys later. I'll see you guys tomorrow. Ciao ciao.