HUGE move incoming for Bitcoin today (don't miss this trade!)

What's good guys, welcome back to another video. Today is going to be a news day and you know what that means. Chances are we're going to get a pretty solid move on Bitcoin and I'm going to break down the exact trade that I'm going to be looking for in terms of Bitcoin for today. Before we get into it though, if you're new here, welcome, my name is Xuan. I've been publicly documenting the success rate of all of these YouTube trade calls that I've been making over the past year and a half, and at the moment 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. So with that said, hopefully that gives you a reason to listen to me. And yeah, actually right before we get into it, just a very tiny note. I started a highlights channel recently where I am posting snippets from, you know, the coaching calls that I do, or from the one-on-one calls that I hop on with my students. Or for example, if I'm doing a review of a backtest for someone, there are a lot of highly tactical and specific problems that I'm solving during these calls and by answering these questions, and they're kind of not broad enough to kind of make a YouTube video about it. Sometimes I could also just be lazy and I don't want to make a YouTube video about it. So we decided to make a channel to just cut these up and post them there. So if you're trading already and if you would like more Tactical alpha when it comes to trading, then check out the highlight channel. Like it you should be able to find it very easily somewhere around the screen. But check it out. We're going to be posting a lot of videos on this channel over the coming you know forever. Yeah, with that out of the way, let's let's properly get into the video. Sorry for the extended intro. Now to kick things off, we are looking at a bullish daily bias. Now yesterday I mentioned like shorts were not looking great. Like I would personally not lean short. And and actually like I even mentioned like yesterday I was just not going to trade period because I wanted to wait for some more clear direction to kind of show itself. And today we finally have. Clear direction. This is clearly bullish. Now when we have a bullish daily bias, we hop onto the 1-hourly timeframe to look for evidence that might support the fact that the market is going to be bullish today. And so far, in terms of the overall 1-hourly order flow, it's definitely bullish. But in terms of the levels that we can use to take advantage of this bullish move, I think at the very minimum we want to see some sort of a CISD above this level right here at $81,000. Well, just $81,000, which looks like it's going to happen sometime within the next 15 minutes. Or even if it doesn't happen in the next 15 minutes, it's probably going to happen by the time you guys watch this video. Basically, you need is a 1-hourly candle close above this level, and that is confirmed. Basically, this now becomes a potential bullish order block that as price leaves and comes back into, we can use this bullish order block to take advantage of some sort of an entry. Literally just placing your entry here, stop here, and just targeting the most recent high will already be a very decent trade. That's basically the TL;DR of the setup for today. But just to go down into the lower time frames, um, another thing that we have going in our favor is actually a Potential accumulation on the Asia, followed by a manipulation London, where we can expect New York or at least anticipate New York to give us a distribution. I just explain to you what I mean by that. Asia is oftentimes known as the accumulation range for the day, where basically if you are bullish for the day, what I'd like to look for is for London, right? This is London right here to actually sweep out the Asia lows. It basically stops everyone out at this point, which means that when you enter into the New York session, it's more unlikely that you're going to come back down to this area because again, the liquidity has already been tapped and everyone has already. Been stopped out. And this gives less incentive to the market makers to bring price back towards this level because there's just not as much money left over here. But towards the upside is where you have a lot of money, right? So this is essentially, right, London is manipulation because you ended up sweeping below the Asia lows. And right now you're showing a willingness to go towards the upside with the, you know, the CSD over here. There's another CSD over there. And technically speaking, like, you're about to confirm another CSD. In fact, I will probably jump into a trade, um, very shortly after recording this video. But just the key thing here is that on a day where we're looking for longs, we ended up sweeping the Asia lows followed by a CSD during the London session, which means that this is very likely the manipulation leg of the day. And as you head into the New York session, it's very likely that you're going to see distribution. So that's what we're going to go for. Now, this all predicates on the fact that we're going to get a candle close on a 1-hourly chart above $81,000. If we do not get this, at the very minimum, there is no trade to be had here. It's just an idea that I have about the markets. But you got to remember, right, a trade idea doesn't mean a trade setup. A trade idea is what you think about the markets, which is very important. You need to have an opinion about the markets. Otherwise, like, I mean, kind of all trades kind of start there. You've got to start from an opinion. But you do not want to trade your opinions. You want to trade what the market tells you. Once you have your opinion, you need to wait for the market to also give you signs that, hey, it maybe agrees with your idea. So this sign is going to be an hourly candle close above this level, which confirms this as a bullish order block. At which point we can jump into it. Without this, no bueno. So the timing, by the way, that you're going to want to look for all of this to happen is going to be sometime within the New York session and more specifically within the news window. Now the news window is the hour before news to the hour after news, right? That's the official technical definition of the news window. So ideally you want to be looking for price to confirm the order block, right? Come back into the order block and start showing bullish. Or even if you're just within— by the time news rolls around, you're going to be all good to go for some sort of a long targeting for 2R. I'm going to discuss targets in a little bit. But the news window, the reason why we want to be taking our trades within a certain time window has to do with the fact that you know there is an axis on the chart that most people tend to forget about. A lot of the times people just focus on the price action, which is the y-axis of the chart. Like I'm not. But what people tend to forget is the fact that there is a whole other axis known as the x-axis, which is time. And what you need to understand about the markets is that certain behaviors of price happening at certain times increases or decreases the probability of that trade playing out. If we get a retracement back into the order block at literally like news. Like, news is the highest quality kind of timing window that you could possibly have, because if you think about why the markets move, it's usually for some sort of a reason, right? Or at the very least, when the market moves aggressively, there's usually a reason for that. And news is a very easy reason to use because, well, we can look at today and think like, okay, at 8:30 AM something's gonna happen. Now, I may not know if it's gonna go up or down, but I know that around 8:30 AM it's probably going to be something that's going to happen, something big that's happening in the markets. And for us traders, where we can go both long and short, the fact that we are able to go long and short means that all we need is volatility. The times when traders struggle the most is when the market is not moving, when the market is not doing anything, because then there is no moves for us to take advantage of. But when we have news, we can predict that with a high degree of certainty there is likely to be volatility around this time that gives us something to work with. And that's where our technical analysis comes into play. None of this would matter if today is not a news day because there just wouldn't be as large of a move, right? Even if we do get into a trade, like maybe You might not hit the TP, and then maybe it might stop you at a break even because of a lack of volatility, because of a lack of a reason for price to have volatility. So just going back onto the daily chart just to see if we have some further targets, we in fact do. Over here, right here, over here at $83,000 is a previous weekly level, previous liquidity level. This is a very major liquidity level. In fact, on the weekly chart, as you can see, this is the only swing high on the weekly chart. And so I do think that if we remain— well, if we put in the bullish confirmations today, price is going to reach for that level, and you are going to want to take advantage of this. So basically, a trade would probably look somewhere along the lines of placing your stop— sorry, placing your entry here, taking a stop there, and targeting that high over there, which will give you a potential 3.5:1 risk-reward ratio, which basically means that if you risk $1,000 on this trade, you stand a chance to make $3,500 back. Now, I sounded a bit like a lottery casino announcer or whatever, but not financial advice. It's just I'm just putting in the risk-reward numbers for you. Now, one other thing to consider is that by the time you guys watch this video, maybe price would have already exploded out of this level. Maybe you might not retrace back to this order block. At that point, what do you do? Well, you just momentum trade. Momentum trade refers to, as price continues to head towards a key level, you're going to form new order blocks on the way there. Order blocks are such as this. This is an order block right here. In fact, this entire thing could be an order block. I mean, we've talked about order blocks extensively throughout the history of this channel. But by the way, if you are more of a beginner and if you'd like more of a formal explanation of what an order block is, feel free to drop it down in the comments section below. I'm more than happy to make that video. Um, so that you guys can understand how exactly how to identify order blocks and how most importantly how to use them to make money at a high clip when it comes to trading. Like, if you'd like to see that, just drop it down in the comments. As you head towards some sort of a liquidity target over there, you are going to form new order blocks. As you form these new order blocks, these are opportunities for you to just place a long here, right? Place your entry here, place your stop beneath the order block, and just target for 2R or targeting for the liquidity level. So the way that I would explain this method of momentum trading is that you already know that the train is going to have its destination here. Well, we don't know for a fact, but we can make a pretty educated guess. The price is more likely than not going to head towards this level, and as long as price has not hit the liquidity level, it's a train that's still moving. So you're just hopping on the train at some point and then getting off at some point, or maybe getting off at the destination. So many people run into the trap of thinking that as long as price has left their quote-unquote perfect entry, it means that they're too late. And so they just miss it. Like, for example, price is already here because they think it's too late. They just miss out on all of this, and that's just not worth it. And just understand, like, momentum trading is a very much viable strategy for trading. Most of my students, including myself, find that it's way easier to make money on momentum trading because at that point you already have trend confirmation. For example, right now, if we were to get into this, we are very much still in the early phases of the trend reversal. Prior to this, price has been, you know, pretty bearish, right? This is the first sign that price is going to reverse into bullishness. When you're at this point right here, for example, you're already very clearly bullish. You have trend confirmation. And when you have confirmation, the move between here getting to there tends to be very straightforward, very easy, and very high probability. And so it's way easier a lot of the times to make money catching this, even though it's a smaller move compared to trying to, you know, time the exact point at which the market is going to start moving. So the perfect entry oftentimes is not— may not be as perfect in reality. But anyways, if I do get into any trades for today, I'm going to be posting it on Twitter. So feel free to follow me there. And by the way, if you'd like to learn this system for yourself so that you can start getting consistent and just potentially going full-time into trading or just making a full-time living from trading, then feel free to click the first link in the description box below. The only thing that we offer is a one-on-one program where you're going to be working directly with me and the team. Like, we're going to be with you every step of the way, ensuring that you're doing things the right way, making sure that you're never lost in translation. No, this is not something that is particularly scalable. We cannot take on too many people. But at the same time, it does work wonderfully because out of the 65 students that we have, 32 of them are either funded or already full-time, like just making a full-time living from trading/traveling. This is not something that any other program can claim, and for a very good reason, because we work very closely with our students. If you've been burned by other programs before, then chances are they just threw you a course and just disappeared. If you have followed my channel for a while, and if you can see that I know what I'm doing, then you're going to gain a lot of value from working with me or with the team. I'm just going to leave it at that. Click the first link in the description box if you're interested. Otherwise, I'll see you guys next week, and I'll definitely see you guys later on Twitter. Like, I'm excited for today. Ciao ciao!