Bitcoin: Today's Trade Is So Straightforward

What's up guys? Welcome back to another video. The trade from yesterday was an absolute banger. I really hope that you guys follow it along because, well, everything that we mentioned inside trade yesterday ended up being spot on. I even caught the trade live on Twitter and gave the exact entry, gave the exact cisd and ultimately yesterday was one of the best trading days that I've had personally over the last couple of weeks. And so, yeah, that makes it the 120Summit win over the last 162 trade calls made here on YouTube publicly, which makes it about an 80% win rate. And the good news is that in two weeks I'm going to be hosting a free masterclass breaking down this exact system for you step by step. You're going to get the complete framework. If you want sign up in the link below. Anyone that signs up before the event is going to get a free bonus on the day itself. And just a heads up, just because you're in the newsletter doesn't mean that you automatically sign up. You still have to click the link. So yeah, do that. And otherwise, yeah, let's look to replicate the success from yesterday in today's video. So starting things off on the daily bias, we closed pretty bearish. And so we're going to be looking for shorts today primarily if the wi fi will allow me to load. And taking a look at the PD on the one hourly chart, this is super clear because this right here is a one hourly bearish changes data delivery, which means we are already way more bearish compared to yesterday. And so far we are retracing back into this order block right here which is going to be a key level for price to just go lower from. So so far in terms of the one hour we have that key level and we also have this one right here which is a bearish fav gap, both of them online. Don't ask me which one is going to be the more likely to get rejected from. The truth is I don't know and it's not the job of a trader to know that either. We're not in the business of predicting what the market's going to do next. We're in the business of marking out some key levels and setting some certain, you know, criteria. When those criteria are met at certain times, then we are going to just take a trade. Right. It's more of a game of reading and reacting rather than trying to predict. So in terms of the London, this is also setting up very nicely in terms of the session profiles because Asia is accumulation London. So Far has swept above Asia and you have gotten a five minute change in state delivery. For those of you who are following me on Twitter, yesterday during the London session we had a very similar thing play out. Only you know, yesterday during the London he just completely rebounded. Today is a little bit different. I wish I was on the chance to trade into London because this would have been a pretty good trade. But overall we've gotten a bearish changes day delivery. This is looking kind of like a accumulation potential manipulation down into distribution type of setup. And I'm not mistaken, there is going to be news today. And what you're going to look for today in the New York session is just for some sort of retrace before just continuation back towards the downside. And the intraday target remains to be 100,000. Like I do think that we are going to retest this level. Even if you don't, it's not much of a worry either because the system basically you take your profit at 2r or if you want to leave a runner for example, let's say you enter into the trade here, you place your stop loss here, around here would be 2R. But if you have a belief that you know price is going to get to this level, recommended practice is to just take either 66% or 75% profit at 2R and then leaving a runner before closing the rest there. If you think today's going to be a pretty volatile day, which I think it's going to be because we have news, then you could potentially take 50 to 1 and 50 at the rest. At the end of the day there is no such thing as one best, you know, take profit netted. There are going to be times where you miss out on the bigger move. There are going to be times where you're going to be grateful that you took your profit like really quickly because you know the market just doesn't give you much. The truth is both approaches work. You just need to decide on the approach that you are willing to take. But anyways, going back to the intraday target, these are just relatively good lows. Plus relative this is the Asia low. And so far we have already tapped into the one hour WPD array. So all that remains. What's good guys? So the camera ran out of battery halfway through the recording. I have no idea. They should have checked the battery probably before recording. Anyways we're back. So all that remains is going to be to capture the right timing. So specifically you're going to be looking for the hour before news for an entry and then potentially you're going to wait for the move to end. An hour after news, this is going to be kind of like the golden zone. So it's news today is definitely going to fall between 7am to 10am New York. Just if you want to optimize it even more, then you're going to be looking for the hour before news to the hour after news. And now, before we start getting ahead of ourselves here, it's talking real quick about some just invalidation scenarios because it's always good to kind of prepare for that. But so far, based on how the order flow has been, you know, just shaping up so far, it doesn't look like there's going to be much of a rejection. The most that you could hope for is a break above this bearish order block right here to flip it into potential support before price continues higher. But unless that happens, which is a little bit unlikely, we're going to be looking for shorts today for the most part. Now, taking a look at Ethereum real quick, it's actually looking way more bullish, at least compared to bitcoin relative to Bitcoin. You know, Ethereum, you're getting much stronger bullish moves. But yesterday's candle still closed. Pretty bearish, actually. Not super bearish. But either way we're still going to be looking for shorts on Ethereum simply because bitcoin is projected to dump. Now, it does look like it has more strength compared to bitcoin, so I'll probably lean towards bitcoin for short and, and in the event that we do start going long or lean towards Ethereum and ultimately I think this was a pretty solid trade setup. This was discussed inside Boot Camp yesterday, actually. Yeah. In terms of the 1 Audi chart, you have this bearish favorite gap. Also, this entire block here is known as a very bullish, sorry, bearish order block. And so, yeah, you're just going to be looking for price to hit lower here you have three relative equal lows. So that is going to be the intraday target for today. In terms of the five minute chart, it's just plain playing out very similarly compared to Bitcoin. Over here you have your bearish change in state and delivery on the five minute chart. So in the event that you get back into this bearish CISD zone, 3521, this is a strong low. Sorry, this is a strong high. So you can just look for price to head lower from that point onwards. Now let's take a look at Solana real quick. Now in terms of Solana, we are looking very bearish on the daily chart. We are still reaching towards these levels right here. So nothing's going to change in terms of Solana in terms of the higher bias. Nothing's going to change too much with Solana in regards to the higher traffic bias. We still just know reaching for that level in terms of the lower time frame. Let's see if it differs a little bit from Ethereum and Bitcoin. And right now, right away you can see the comparative kind of strength or rather weakness because right here is a fair bit gap. And well, yeah, for the most part you also have that bearish order block right here. So you're just going to look for a price to dump from this point onwards. And in terms of the five minute chart, you will also have a Asia session and London has SWE above the Asia session and you're forming very clear, you know, bits of order flow at the moment. For example, this remains the bearish kind of level for you to execute from. So something like this would also be valid already. So today seems like a very straightforward day. There's not too much to discuss here. Obviously some days are less in straightforward but they were lucky that we have news and price actions playing out in a really solid manner. So just make sure you execute. This seems so far like a little bit of an A plus day. So execute it and as usual, follow me on Twitter if you want to follow along with the live trades then I will be taking later, but until then I'll see you Cha cha.