BIG move coming for bitcoin today (don't miss this!)

What's good everyone, welcome back to another video. And yeah, we're back, back in Korea, and that means it's going to be a proper 2 and a half months of locking in. Going to be here till mid-November, and like the amount of, you know, videos, content, and stuff that I'm about to do is going to be crazy. So subscribe and, you know, stay tuned for more. But yeah, today we're going to get into the daily setup for Bitcoin. I'm— truth be told, I haven't looked at the charts one bit for the last week because, as some of you may know, I brought my entire family to a trip in Japan and I thought I was gonna be able to record and I did for like the first couple of days. But then as the itinerary started to pick up, yeah, just got way too busy to be able to film. Wasn't at home most of the time. But overall though, I think it was a much, not to say much needed trip, but it was definitely one of the most fulfilling trips that I've had in my life. Just to have the ability to just bring literally the entire family out to have a full all expenses paid trip to Japan and it was their first time to Japan as well. So just a really special feeling and really grateful that I am in a position Where I am able to do this. One thing's for sure, it's given me more of a reason now to continue doing what I do so that I'm able to bring them on more trips just like this. And so yeah, that's gonna be the driving force moving forward. But with that out of the way though, I'm gonna be looking at the charts basically at the same time as you are. So hopefully this will give you a sense of how it's like to, or how I kind of like hop onto the charts, especially after not looking at The charts whatsoever for the past week. Now, before I kick things off though, if you're new here, welcome. My name is Xuan. I have been publicly documenting the success rate of all of these trade calls that you've been seeing here on YouTube, and so far I'm at about a 75% win rate. So chances are I tend to be right a little bit more often compared to when I'm wrong. But you know, now that you have a good reason to listen to me, let's get into the video. Now, first things first, I always like to start any chart off by taking a look at the weekly chart. Tells me a lot about what is the overall direction I want to be looking for in terms of the weekly move. Now, for example, last week ended up closing bearish, which means technically this week I want to be looking for a downside kind of movement. And as you can see right here, we already have that downside movement. So now that that's out of the way though, going down into the daily chart. Now the— this is where the weekly chart kind of comes into play here, because on the daily chart I can see that there is a liquidity point over here which I am just going to mark out. So that means, assuming we're bearish on a weekly bias, it means that we can reasonably anticipate that this week we're gonna shoot for this liquidity point right here as the target. This is how I apply You know, going from high time frame to low time frame. Although just this alone is not going to, you know, tell us as to what trade is possible for today and, you know, where do we enter. Which leads me on to the second thing that I do, which is taking a look at the daily bias. Now, the daily bias at the moment, because the candle closed bearish, it means that I'm going to be looking for shorts today. And that is the definition of a bias. So many people get this wrong, where when they talk about, oh, the higher time frame bias, or like a daily bias, they assume that, you know, it's supposed to be a trade. But no, the bias is literally just direction. After all, the entire point of having a higher Timeframe is so that you can understand direction before you go into a lower timeframe to you know refine a trade idea out of that direction. But all trades start with having a bias because if you don't even know if you should be going long or if you should be going short, it's kind of hard to do anything on the lower timeframes. So right now because we're looking at a bearish daily bias, we know that we're overall going to be positioned towards the short side for today. So now we're going to go into the lower timeframes and this is the keyword right here. I'm going to start looking for evidence that the market. Agrees with whatever my idea is. So right now, based on my daily bias and my weekly bias, I'm thinking short. So now I need to come down to the lower time frame to see does the market agree? Because at the end of the day, having a trade idea or having an opinion about what the market is going to do does not automatically mean that there is going to be a trade idea. Having that trade idea is just step one. You need step two, which is hey, the market needs to be showing signs that it is also thinking the same way as you. And right now. Based on this chart, I can see that the 1-hourly chart is in bearish order flow. We have a CSD over here, which means the 1-hourly time frame at the moment is bearish. Which, if you remember the daily bias from just now, it was bearish as well, which means that this is evidence that the market agrees with my idea. And now this gives me way more confidence to, you know, start positioning myself for some sort of a short, at the very least going down into the lower time frames to formulate a trade setup. Besides the CSD, we can also see that On the hourly chart right here, we are about three minutes away from confirming another CSD, right? And technically, this is not going to be a CSD, but it does confirm this entire block right here as a bearish order block. And essentially, once the candle closes beneath this level right here, and any point later on, and by later on, what I really mean is between the hours of seven a.m. to ten a.m. New York, as you come back into this level, you are going to be able to be well. You're just good to go for some sort of a short. And the reason why we're looking at seven a.m. to ten a.m. New York today is because technically speaking, we don't actually have. USD red filter news today, which generally just means that the ideal trading times for today, at least during the New York session, is literally just 7 AM to 10 AM, as long as the price comes back into the order block. And whether this is an order block or a fair value gap doesn't really matter. The purpose of the 1-hourly chart is to give you areas of interest from which you can take trades from. After all, like, if you go from just the daily chart directly into the, you know, 5-minute time frame, for example, which a lot of people tend to do, right? They have a higher time frame and they have a lower time frame. The problem with that is that the jump from Timeframe to lower timeframe is so big. Now, for example, the daily chart tells me the direction and I go straight into the five minute. It's like whoa, you know where do I even start? Because if I do that, any time is going to sound like a great time to take a trade because something's always going to be happening on the five minute chart. That's why I use the one hourly as the middle timeframe, kind of as a bridge. But it's not too abrupt of a time zone change, right? Instead of going from the United States straight to Japan, you know I might stop in Europe for a week just to you know slowly acclimatize myself so that when I actually get to Japan, it's like oh yeah, you know it's not too bad. Something like that. So in terms of the 1-hourly timeframe, what am I actually doing here? Well, now, first of all, as we've already mentioned just now, I'm looking at the 1-hourly chart for evidence that it is also pointing in the same direction as my daily bias or my higher timeframe bias. In this case, because we are currently quite bearish, it tells me that, hey, the 1-hourly is pointing towards the downside. That's the first thing that I look for on the middle timeframe. Second thing that I look for is areas of interest. So now it's not enough to just have a higher timeframe bias and go straight into execution. It's like ideally, You want to have the bias, and then where would you like to see price come into so that you can go into the 5-minute chart later to execute trades? And that's exactly what I'm doing here. And in about 30 seconds, this is going to confirm as a potential order block. And once it confirms, this becomes my area of interest for today, which means during the New York session, I'm going to look for price to come back into this order block, which starts at $77,000. And we're going to be then looking for a 5-minute confirmation, right? For example, At this point on the five-minute chart, you're going to get a new order block forming after tapping into the order block and kaboom, right? That's going to be my entry. So my entry is going to be here. My stop loss is going to be there, and I'm going to take profit. You know at two R or in this case here, we have a daily liquidity level at seventy-five thousand six hundred that we can take advantage of. In this case, notice how every time frame serves its purpose. It's not to say that you know certain time frame is better than other time frame. It's simply that every time frame has its own purpose. The higher time frame is only used to determine direction, right? What is the bias, up or down? Do I go long or do I go short? Middle time frame, I'm looking for areas of interest, right? Instead of executing from the middle of nowhere, I'm looking for high probability levels. For example, this is the hourly bearish order block that I'm looking to execute from. And then only then do I go into the 5-minute, wait for price to come into, and then formulate my trade based on, you know, the right timings and the right behavior of price. Because the last thing that you need to remember about the market is that a lot of the times people tend to just focus on price action. Oh, what's price action doing? Is it, you know, support or resistance? Is it bullish or is it bearish or whatever? When you do that and when you heavily fixate on just the price action, you are missing literally one half of the equation when it comes to the market, which is the fact that if you take a look at your chart, you have 2 axes. You have the y-axis, which is price action, but you also have the x-axis, which is time. So Certain price action behaviors happening at certain times drastically changes the probability of your trade playing out or not. For example, if I were to retrace into this order block right here, right now at 5 AM, which is dead in the middle of nowhere as far as timing is concerned in the financial markets, chances are I'm going to get stopped out, or chances are this is just going to retrace a lot more than I expect. But if we were to retrace into this order block right here, you know, let's say sometime during the New York kill zone, let's say even 9:30 AM because that's when the New York futures open, then If this is happening at this time and then it starts breaking down, I can be much more confident that this trade is going to play out because certain things happening certain times is the secret sauce to getting high probability moves out of the market in a way that almost seems like you have a crystal ball. And I've clearly demonstrated this over the last year and a half or so where I've been publicly sharing my trades. And a lot of the times I tend to be able to pinpoint these moves down to the exact like 15 to 30 minute window. And there's a reason for that. Now, I know it's not like magic voodoo. It is a lot simpler and a lot easier than a lot of people, you know, explain. And truthfully, that's what I'm trying to do with this channel, to simply teach these kind of like, you know, I don't like to use this term, but smart money concepts in a way that is easy to understand. Because so many of these channels, they just give like incredibly convoluted explanations, and by the end of it, like, yeah, sure, you know, you spend 50 minutes watching a video about kill zones and timings, but did you really learn anything out of it that you can apply immediately? Not really, right? And like, this video serves as a bit of a masterclass really, and like just breaking down the full system that I use from But if you would like to learn this for yourself under the guidance of me and my entire team, where we're going to be working with you one-on-one so that we can ensure 100% that you're going to learn this the right way and to get you from where you are right now to potentially making a full-time living out of trading within the next 90 to 120 days, then click the first link in the description box below. Especially if you're someone who's already been trading for a while and you are clearly putting in the effort and the time to make this work, and yet you're not seeing the results that You know, like you can achieve, then chances are the key ingredient that you're missing is simply guidance. It's just having someone who's already gone to where you want to go take a look at your process and take a look at your trading and immediately just point out like, hey man, dude, this is stupid. Like this trade idea here, it's completely stupid. Or this, you know, this part where you're not really feeling that confident, like that, that you're actually doing it right, man. Like keep doing more of this. I share this because like this is exactly what we do inside the program. If that sounds interesting to you, then you will be thrilled to hear that about 50%. of the students that end up joining the program either get funded or they go full-time into trading. And that's a success rate that honestly no other program can claim. And we can say this because we care about your success when, you know, the majority of these other programs simply do not. But with that out of the way though, if I do get into any trades for today, I'm definitely going to be sharing it on Twitter. So feel free to follow me there. But the only kind of like the one caveat that I would put on today's video, right? as an asterisk, if you may, is the fact that if you end up getting an hourly candle body close above $77,600, then this is going to be a no-trade day. Basically, if we go above this level right here, we will have basically completely invalidated this bearish order block right here and started going bullish, right? At that point, it's very likely that the market's going to reverse. So yeah, just because we have a trade idea, again, we need the market to also agree with our trade idea before we, you know, take action on it. And if at the end of the day We have the trade idea formulated, we have the exact plan formulated, but the market just, you know, doesn't give us what we want. Then that's it's also a perfectly fine time to just take the day off or just no trade. After all, the only thing worse than not trading is losing money, and I don't think anyone likes to lose money. But otherwise, yeah, to everyone that's missed me, baby, we're back. And yeah, that was definitely a special experience. Like I will hopefully make a video soon just talking about it. Definitely took way too many photos, so I'll take some time to sort them out and. Yeah, maybe post something. Also try to vlog. Try to try to is a is the keyword here. Like the like being the only person that was kind of planning everything and dealing with the logistics and you know navigating everywhere and also being the only person that can speak the language. Yeah, I can speak a bit of Nihongo. Just a bit though. Nihongo wa chotto. But like but like yeah, it's uh it was a very stressful and yet very fulfilling trip. Also spent a whole lot of money. Although I've got to be honest, I've never spent money so happily, like in a way that is so fulfilling before. It's crazy. But yeah, to those of you that are still here, appreciate you sticking around to the part where I start ranting. But like, yeah, I'll see you guys tomorrow or potentially later if we jump into a trade. Ciao ciao.