Bitcoin: Explosive Move Today, Don't Miss This Trade

What's up, guys? Welcome back to another video. Unfortunately, the camera is bugging out today, so no camera today. But on the bright side, last week we did manage to nail the trade. Called for a retracement into the February gap and then for a dump down to that target played out fully. And so that makes it the 85th win over the last 100 into calls that I've made since February, by the way. Over the weekend, I also hold a trade on Solana. Basically, you know, we've seen this play out before last week on Bitcoin. On Sunday, Price breaks out of the weekend range, comes back down to retest it, and then, boom, shoot up. This was the setup that I caught yesterday on Twitter and kaboom. Like, it's pretty spot on, Boom. And then straight to the target. So if you guys would like to just receive more, you know, updates or rather just separate trade ideas, feel free to follow me on Twitter. And while you're at that, make sure you follow the personal account as well for just, you know, more personal stuff in today's video. Let's get into keeping up this win streak that we've got at the moment and kicking things off on the weekly chart because it is a new week. Last week's weekly candle closed bearish, which indicates that this week could potentially be a bearish week. And it wouldn't make sense because we do have a little further gap right here on the weekly chart that we can retrace back into before Price continuates to the upside. Although because this is only the first day of the week so far, it doesn't mean that this will 100% happen, though. The fact that we have formed a daily low right at this, you know, right above this further gap means that, you know, Price will sweep out this low right here before filling in the further gap before continuing to the upside. Now, again, that is not going to be the setup for today, though, because of how Price action is playing out so far now, at least on the week on the daily chart as well, we are looking bearish. So supposedly, like, the setup for today is supposed to be bearish, but the moment you go onto the one hourly chart, you will see these relatively equal highs right here that Price seems to be reaching towards. Now, this is going to be validated by a candle close above this level right here, which was significant, which would indicate a one hourly change in state of delivery. Now, a one hourly close here, like, it's only eight minutes until the next hourly candle. You just want to basically see a Candle close above this area before the New York session to indicate further upside. The reason for that is because this is a bearish order block right here. And the fact that Price breaks above a bearish order block gives it the potential to flip this previous resistance into potential support before the rest of the day continues with the upside. This will also align with the session profiles which I'm about to get into in just a tiny bit. But before we do, I want to draw you a attention to also this low right here. This is the low that was formed back on Friday, which means you have swept out both Friday, Saturday and Sunday's daily low, basically. And this all happened during the Asia session. And right now you are getting a very strong reaction towards the upside, which means that this becomes now your new bullish order block that you can potentially retrace into before Price continues towards the upside. Now, again, the ideal scenario would be if you get a candle close above this level right here at 119400. If you get that and then you retrace back into the order block, that's going to increase the probability that this trade plays out much more. And the setup for today is going to be pretty straightforward. Boom, boom, boom, something like that. I did mention earlier that I would confirm this in the session profiles. And so far, Asia is seeming like, well, not really accumulation. Asia seems to be either a reversal or a manipulation. And London so far seems to be a distribution. And then potentially later on we may get a reversal before, you know, just continuation. To determine that though, we are going to need to take a quick look at news because on Tuesdays, that is ideally when we are looking to trade. Today is an on Tuesday, which also means that the volatility today could be slightly lower than what is normal. Now, if we take a look at the session profiles, I think there are only two kind of like possible speculations for what the Asia session is at the moment. One is manipulation, right? If this is manipulation, London is distribution. We could expect New York morning to be reversal. Now, the second one is that this is actually a reversal because this right here was accumulation, manipulation, distribution, and then this is the reversal. If this is the reversal, though, that means London is going to be the accumulation where New York morning, we will get a manipulation before distribution, continuing the move, which is kind of like the scenario that I mapped out for you guys just now. Now, the way this is going to look like is we're going to mark out a couple of key levels. One of them is going to be this bullish order block. Sorry, further gap right here as well as this bullish order block that we've already marked out a retracement. It's either one of these will support the theory that hey, price is going to go up. Although the only thing that I must caution you about is the fact that one today is not a newsday, which means volatility could be lower than usual, which also means that today is not the highest probability day. Second of all, the one hourly chart at the moment is seeming bullish. The five minute is also seeming bullish. However, the daily chart closed bearish, which also means that right now we have time frame misalignment where the one hourly and the five minute are pointing up but the daily is pointing down. So on cases like this we always like it doesn't mean that we cannot take a trade, but if we do, we're going to manage our risk and manage our expectations accordingly. Now just to give you an analogy that kind of, you know, explains this theory. You wouldn't be throwing your entire portfolio into a coin that is already up like 10x. Now you could, but you could argue that that is not the most ideal scenario to be throwing your entire portfolio in. It is much better to try to catch a coin when it is still in the early phase of a markup phase rather than getting in when it is hitting the parabolic, you know, just distribution kind of phase. Then you, you stand a much greater chance of catching this move instead of catching this move. So this is similar in the sense that this is just simply a lower probability condition compared to days where we have news and also we have time frame alignment. Let's say all three time frames are pointed towards the outside. Those are the days where, you know, most of my biggest wins come from. Like you guys have followed me on the channel for a long time now. You know, those are the days that are most ripe for quality quality trading. And if any of you know anything about the philosophy that I stand for, it is that we do not want to be trading a lot, but we do want to ensure that any trade that we do take are the highest quality that they can be because ultimately that is going to be the path training success. But anyways, now that we have kind of like the trade set up for today, basically, basically a retracement into here sometime during the 7am to 10am window, potentially even closer to 6am to 9am, you may see a continuation towards the upside. Now the only thing that you want to watch out for is the fact that once you have retraced into either one of these areas. The moment we go down into the five minute, this will become very clear in the sense that, let's say you retrace all the way down to here, right? It would mean that this entire leg here is going to be in bearish order flow. Now, you do not want to be jumping into the trade just because price taps into this area. Ideally, you want to wait for price to, you know, tap into this area, do whatever it wants to do, and then let's say this is the bearish order flow that you're dealing with. You want to wait for at least some kind of shift in the market structure or some kind of shift in the order flow before you jump into it. That is the ultimate confirmation signal. Again, I've mentioned that today is a lower probability day. So there are two things that we can do. One is to reduce the amount of risk that we take on with the trade as well as the expectations from the market. But the second one is going to be waiting, just being cautious and waiting for the right confirmation signals to happen before you jump in. In this case, that is going to be a shift in order flow and potentially even a shift in markets. Russia. Now, what I'm trying to say for that is that I don't if this F gap will be the bottom. I don't know if this will be the bottom. I don't know if you will sweep out these lows first before you hit the bottom. The thing that I'm trying to do is not to catch the bottom. The thing that I'm trying to do is I've already mapped out the scenario that I want to see and only when I get the confirmation signals that, hey, this idea that I have is indeed playing out, only then do I enter and I urge you to do the same. Right? And of course, as usual, take your profit at 2R and then leave a runner if you want. The targets for today could reasonably be at $120,900. Now, given the, you know, explosive movement that we've seen today, we could also just start ranging around. Hence why I say, you know, take your profit at 2r and if price ends up going there, at least you have a runner to capture this entire move right here. And lastly, today is going to be the official onboarding day for this next intake of boot camp. If you would like to work with me one on one to get yourself trade ready within the next 60 days, feel free to click the first link in the description box below to sign up for the next integra boot camp. We do limit the amount of students that we do take in every single month so that we do not diminish the quality. Given that this is a pretty intensive one on one process, but other than that. Guys, I'll see you in the next one. Bye. Bye.