BIG move incoming for bitcoin this week (prepare for this)

What's good, guys? Welcome back to another video. It's a new week and you know what that means. We are going to have new opportunities on Bitcoin. And in this video, I'm going to break down the exact trade that I'm looking at for today in terms of Bitcoin. I'm also going to break down my weekly outlook as to what I'm looking for in terms of this week. And yeah, this is going to be an interesting week because we are kind of technically going through a retest at the moment. And a lot of whether or not Bitcoin continues to perform during the bull market or if we're just going to kind of reverse and go all the way back down to $50K hinges on this being a successful retest or not. So yeah, before I get into it, if you're new here, welcome. My name is Xuan, and I've been publicly documenting the success rate of all of these trade calls that I've been making right here on YouTube every single day. And currently I'm at about a 75% win rate, which means that I tend to be right just a tiny bit more often compared to when I'm wrong. So if that gives you a good reason to listen to me, then yeah, let's just get into the rest of this video. We're going to kick things off on the weekly time frame by talking about only 2 things, first of which is the fact that at the moment this level right here is like the first retest level at, what is this, $82,200. And then we have a second one right here at around $80,300. So in the event that price returns to either one of these levels, we're not just going to write it off as like, oh yeah, things are just going to absolutely dump. In fact, if anything, both of these levels are going to likely hold as strong support moving forward. So we're definitely going to look for, you know, some sort of buy opportunities at around these levels. Now another thing to keep in mind is that both these levels that I just marked out are kind of like good to haves, right? It's just our opinion as to what the market might do when we get to those levels. It doesn't dictate the exact actions that we're going to be taking on a day-to-day basis. And for that, we're going to pay attention more towards the weekly bias, which, because last week ended up closing bearish, we're having a bearish weekly bias for this week. And it also makes sense because whenever you get a bullish or bearish bias, right, as long as you've got a clear bias, a lot of people tend to mistake this and think that, okay, yeah, because last week's candle closed bearish, we are going to close bearish again for this week. But no, that's not the point of this method. This method tells you when you have a bearish weekly bias, the previous weekly low or previous whatever level that you're looking at. Like if you're looking at the daily timeframe here, then you know you would use the previous daily low, for example. But in this case here, because last week's candle closed bearish, there is a high likelihood that we are going to make some sort of move to target the previous weekly low. And that is going to help us fill in this weekly order block right here, which is, as you've recalled from just now, this is a weekly retest level at $80,300, right? So in the event that this weekly bias plays out, this will very much fit into the overall narrative that we're painting right now. But Of course, no narrative is going to be complete until we actually hop into the lower timeframes. And to do that, we're going to check out the daily chart. And at the moment, the daily chart is also very interesting in the sense where we currently have a bearish fair value gap that price is currently trading into right now. And over the last 3 days, we have had 3 straight days of pump. Today though, I am not going to be counting on the fact that we are going to be bullish, but rather the reason why I bring this up is that it fits into the overall weekly narrative where, for example, at the start of the week, we're going to open up the week here, right? This is where the weekly open currently is. We're going to pump towards the upside, hopefully get Rejected from this bearish fair value gap. Basically, this fair value gap is going to be the area where we will look for sells, and then we're going to wait for some sort of true expansion towards the downside, which at the moment there is a couple of relatively equal lows down there. Now, of course, you will also be able to make an argument that there are relatively equal highs right above the current level, which means that price is currently in a range, and there is also a likelihood that we are going to just sweep out the range highs or range lows first before you know anything big happens in the market. But because of the weekly bias, and because of the fact that we have already gotten a bearish CSD on the daily chart over. Here. The overall order flow is already pointing towards the bearish direction, hence why we're going to give a little bit more weight towards this bearish order block— sorry, this bearish fair value gap instead. This week, the power of 3, we're expecting some sort of initial move towards the upside followed by a true expansion towards the downside. I think we can reasonably anticipate this true move to come sometime during Wednesday and Thursday because that is also when we are going to get the highest concentration of USD news. As you can see right here, like, this is just a bunch of red for the high-impact news on the USD, which is fantastic because And the reason why I bring this up is because you've got to understand that every single major move in the market happens for some sort of reason, right? And usually the strongest reason that you can find in the market is going to be high-impact red folder news. Now, you may not know, okay, for example, we know that, okay, CPI is on Wednesday. Now, we may not know that whether or not price is going to go up or down. That's highly dependent on— that's where technical analysis comes into play, right? That's why I'm making these videos. Now, I will be making another video come CPI so that you know exactly what trade you should be looking for when it comes to CPI. We may not know What's going to happen at that time, but we do know something big is likely going to happen around this you know eight thirty a.m. on October fourteenth, and that's the beauty of news because everyone's also going to be thinking the same thing where hey I may not know what's going to happen, but chances are there's going to be a pretty big move happening at that time. So let me you know focus my trading at around that time. So essentially the way this is going to play out is that you have a weekly bias, right? Weekly bias is bearish. Now we map out the P03 in terms of P03. We're looking for a false move towards the upside, ideally into some sort of higher time frame resistance level, followed by a true expansion towards the downside. This is one of the core frameworks. That I've used over the last couple of years to consistently just predict the overall weekly move and how the weekly profile is going to shape up. It's not all the time that I will get this right, but this method has been proven to be very consistent, and we're going to roll with it. And by the way, that concept is one of the many concepts that I use throughout my trading in order to achieve such a consistently high win rate. And if you would like to learn all of the secret sauce, more than what is shared on these public YouTube videos, I want you to click the first link in the description box below and check it out. But otherwise, back to the video. We currently have a bullish daily bias, right? Because of how the last 3 days have closed. But again, if you recall from what I mentioned at the start of the video, when you have a bullish bias, it doesn't mean that you are just going to continue trading towards the upside. It just means that this, the previous daily high, is going to be a target. And based on what we can see right now, the previous daily high has already been swept. So right now, there are only 2 ways that this can play out. And I will tell you what I am going to do. I am going to stay out of the markets for today because, like I've mentioned this on Mondays and I will continue to mention this on every single Monday, even though I have a relatively high win rate. I can tell you from my data that the majority of my losses actually comes on both Mondays and Fridays. And a lot of what I see in regards to Monday specifically is that we are going to get, you know, very clean price action, but for one reason or another, it's just not going to play out, right? There's always going to be some sort of reason, or like one way or another, which is going to end up getting stopped out. And for example, in today, right, we have a bullish daily bias and we have very clear hourly order flow. We've got a couple of order blocks that we can work with. On a normal day, like if this was Tuesday, Wednesday, or Thursday, I'd be super excited. I'll just come onto this video and be like, oh yeah, guys, the trade is super simple today. Like, let's just, you know, dive into the trade from here. We enter here, we place a stop loss here, and we just target to R, right? It's a very straightforward trade. But so many times I have seen beautiful price action play out on Monday. I end up taking a trade because, well, you know, in terms of the price action, it's perfectly, you know, it's perfectly logical that I would think this is a good trade, right? And then at the end of the day, we get stopped out, and I will have no explanation for that. Honestly, I don't even know why it happens. But I know that Monday is the opening range of the week, which means that Monday kind of sets the tone for the rest of the week. For the same reason why we don't really trade Asia, because like Oftentimes, right, Asia sets the tone and then London, depending on how London trades above or below the Asia range, we can use that as a cue for like, okay, London, that is the manipulation. And then New York, we can oftentimes go the opposite way of London. For example, that is one of the daily profiles known as AMDX. If you understand that, then you can also understand Monday as like a part of the AMDX for the weekly profile. So basically Monday, if you can avoid it and just not trade on this day, it would be to your benefit. But if you do still want to look for a trade, because I know sometimes my advice is going to fall on deaf ears, then you're going to want to look for either one of two scenarios. One is for this order block that I've marked out here to hold as strong support. Honestly, I can even draw it all the way down there because it is, you know, in fact valid. But hey, uh, we can use just this order block right here. So it starts at $83,900 and it ends at $83,600. You are gonna— by the time you watch this video, basically between 7 AM to 10 AM New York, you're going to want to continue to see this order block holding as support. Basically, you do not want to see a candle close on a 1-hourly chart below $83,600 because if you do, this shows that this order block here has been completely disrespected and this is the start of what is known a CSD. Basically, prior to this move right here, everything is super bullish, right? This shows you that this is bullish order flow. But at some point, bullish order flow changes, and that, that moment where bullish order flow changes is what you call a CSD. And of course, like, if you get a CSD towards a bearish direction, it completely invalidates our thesis that the market is bullish and it's going to continue going to the upside. And so if you get a bearish CSD, that just literally means no trade. But if we do get a bearish CSD, this is going to set us up beautifully for a Tuesday, Wednesday, Thursday kind of expansion towards the downside. If you guys recall from what I said earlier, right, the way this is going to tie into everything is that weekly we are bearish. And so in terms of the daily, we're expecting Monday, Tuesday, and then potentially Wednesday to give the big move, and then Thursday, Friday to kind of continue down towards the like $80K level, right? So that's the idea that we have at the moment. Doesn't mean that it is going to happen, but it is the idea that we have. So knowing that, if today closes, if today breaks down, right, into a bearish CSD and it closes below, we're going to get a bearish daily close for the day. It also tells us that Monday has likely formed the high of the week. And if especially tomorrow, like for example, if we get a bearish daily close, we're going to be trading towards the bearish direction tomorrow. We're probably going to expect a big expansion on Wednesday towards the downside. And then maybe Thursday, Friday will give us that reversal. But either way, if Monday today just ends up tapping the high, filling the fair value gap, and forming the high of the week, then the rest of the trading week is going to be a lot easier. So if anything, like I would honestly be super happy if Monday were to just kind of close bearish into CIC right here. It just means that today we're not going to trade, but The beautiful thing is because we stay out of the markets today, we're not going to have any chance of losing money. And we get to come in on Tuesday, Wednesday, Thursday with just much more certainty that, hey, we have an overall narrative kind of built out in our minds and we can see that there is evidence that this narrative is playing out. And that is a recipe for trading success. And again, it's one of the lenses that I use to kind of read and analyze the markets that has proven to be quite consistent over the last couple of years. If you would like to learn exactly this and to read this market in kind of this narrative-driven way and be able to kind of build a story from like step 1, 2, 3, 4 and understanding liquidity and How things are going to play out, and almost like having a crystal ball, right? It's not my words; it's just you know I've had enough. Had enough of you comment crystal ball. Then you know I'm just going to take it and run with it. But yeah, if you'd like to learn the full source and have us be with you every single step of the way, one on one, in order to implement the system so that you can start getting a lot more consistent results from trading, then click the first link in the description box below. Otherwise, I posted a video a few hours ago. It's a full masterclass on like trading psychology. This is one of the most valuable videos that I've made on this topic. I want you guys to check it out here, especially if you struggle with moving your stop loss and. You're always feeling super uncertain whenever you are in the middle of a trade. But otherwise, I'll see you guys tomorrow. Ciao, ciao.