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79

White swan27:16

Transcription

Hello everyone. I hope that you had a wonderful week so far. There hasn't been much high probability this week, right? To be honest, right?

This is a week where, as I can say, you know, truthfully, that I have not pressed a button, right? I have not placed a trade all week. I have not. Right? And the reason for that, you know, we'll get into that. And of course, firstly, it's mostly due to the fact that we do not have anything to work with, right? We don't have any high impact news events, right? So today's Wednesday, and you can see that, right? Today we had no high probability price action at all, right? And tomorrow, right, I don't expect things to be much different, right? We will see a lot of fireworks, right? Next week. Next week is CPI, right?

So, this is as you know, you know, normal as you know, you would like to see week one, right? Not as normal, but this is as abnormal as you would see week one. I don't think that we will see a week one or a Q1 of the month like this one, you know, for a very long time, years probably, right? And you can see there's no news events. That's already a sign that the week is going to be a low probability. And next week we have CPI clustered, you know, in the middle of two high impact news event days, which indicates that, you know, we're going to have a lot of volatility next week. You know, it would either be chaos or joy for some people.

So here, right, this is the first thing I want you guys to look at, right? This is the 4-hour chart, and you guys can see that we have the, we had, you know, right before market close, the US dollar just, you know, dropped, just dumped. The US, the Euro did nothing, and the British pound did nothing at all, right? So here we have two out of the three members of the FX tribe just completely doing different things. You do not want to see this at all, right? You don't want to see this.

What is the, you know, what would get you to do something, say tomorrow? You need to see price align. You need to see price doing what it's supposed to do. You need to see the US dollar going up, and the Euro going up with the pound, right? Right now, you can see that the pound is, you know, just looks terrible. Why is this? What, what caused this? You know, there has been a lot of turmoil happening with the government of, you know, Great Britain, England, you know, whatever you call it, whatever it is, really, right? And, you know, there's a lot of losing, there's a lot of violence going over there right now. You know, the government is corrupt. Just, I've, I've heard that it's corrupt, which, you know, was done on purpose, of course, also, right? It's just chaos over there, right? And that is why you see the British pound just trading like just a shitcoin, you know, that's the best way that I could, you know, describe it. You literally have the British pound doing the opposite of what the Euro is doing, right? While you have the US dollar expanding and the Euro just consolidating, it just doesn't make any sense. It's not supposed to make any sense. It's supposed to confuse you. It's supposed to, you know, allow, allow you to forget the things that you already know, to not trust the things that have been working for you for months on end. That's why they're doing this. They know. And that's just as much as I'll say. I don't want to like sound like a conspiracy theorist or anything. All right. I'm not, right? But this is just the truth. Nothing here makes sense.

And all of this is happening, right, right before what? The US presidential elections, right? All of this has happened before that, right? And this particular quarter of the 16-year cycle, which is something that we'll touch on, right? It's, it's prone to, you know, you know, give us these developments that we see in price action.

So here, right? And you guys remember the last time that we talked about the index futures trade, like what we actually wanted to see. So like, first of all, yeah, you know, price has been, you know, tipping towards, you know, what we want, but, you know, still, this is not the best price action. You know, you have most of the moves already happened, which just happened, you know, without warning, right? Which was insane. And I said 16-year cycle, not 60, right? For anyone that is confused. Anyways, here, right? The S&P 500. You can see that we, you know, just wicked up at the area, you know, which traded into that, and then it just fell back down. Same thing for the Nasdaq, and the same thing for the Dow.

So, first of all, I want to draw your attention to here where I have marked that side liquidity for the Dow, and, you know, here, you know, more than likely too, as well. What does that mean? You know, it's not like me being, you know, secretive or anything. It's literally me just saying that I expect price to be drawn to this level. I expect price to go to this level, right? 3850, 385.90, yeah, for the Dow. And of course, we expect, you know, this low, just, you know, has to be taken in my opinion.

So, there is a lot of, you know, news going around, you know, financial news, of course. I saw something on CNBC, you know, um, literally around, you know, two to three hours ago, whereas, you know, it started with, you know, just bullish views on the market, bullish views on Bitcoin. It's time to buy the dip. And when I see things like that, I don't even care if, you know, that's true, which, you know, there is a 75% chance, which, you know, I have these stats, you know, that they're just trying to trick you, trying to trick us, right? They're just trying to, you know, get us on the wrong side of the market sometimes. Rarely, you know, it seems as if they're correct, right? But they just have to do that sometimes, right? But most of the times they're wrong, right?

And there's, there's also, you know, and I don't even know if I should call this a cracking coalition or anything, but whereas you have, you know, two people which are, you know, quote unquote big in the in the industry that just seem to oppose one another, right? Usually, right, price usually, you know, gives bad price action, whatever such things happen. So, where, whenever you see someone like, you know, Jim Cramer being bullish or, you know, for, just, let's just say, like right now, what's happening right now, Jim Cramer just trying to say that he's bearish, right? Then you have CNBC being bullish, that's bearish, or you have CNBC being bearish and being bearish at the same time, then that's clear, that's clean, right? Price is going to go in the opposite of whatever they're, it's going to do the opposite of what the headlines want to happen, or whatever the headlines, you know, are trying to get you to do, you know, or get you to believe would happen.

So here, right? For me, it's easy, right? Just relax and chill. Like, personally, waiting for tomorrow to see, you know, what happens. It's not really interested at all, you know, in this type of price action right now, right? But, you know, if we get a higher low swept, then I will look for sequential SMT, a precision swing point, and it'll be easy from there. If not, then we do nothing, right? If nothing happens until, you know, even next week, right? CPI, you know, which will totally be, you know, insane. It will be crazy. I'm actually looking forward to see what happens next week, which is, you know, the second week of the month, which gives us the most volatility, as we know. And already we've had a lot of volatility.

So here, right? This is like the most important thing, right? Of this entire lecture, right? So, right now, what are you seeing on the screen, right? Now is a correlating correlation between the 16-year cycle. What's the 16-year cycle? So the 16-year cycle, right? It, it's just, it's basically just the years of the centennial cycles, right? Just times before. So the previous, the previous, you know, 16-year cycles quarter, it was from 2019 to 2022. The current 16-year cycles quarter, it ranges from 2023 to to 2026, right? So each double of quarter, right, there is, you know, that's one of that's one of the within the quadial cycle. Now, I don't want to get anyone confused, right? Now, I'm talking about the coinian cycle, not the 16-year cycle, right? So each, you know, double number like or even number such as, you know, 2024, 2026, those years, you know, will give you the most volatility. Those years. And what, why is that? Because it's election year, right? It's, it's, it's either, you know, the presidential election or the midterm election. The presidential election is always Q2 of the centennial cycle, which is comprised of four years, right? So the thing about the 16-year cycles are that they, they give the market, you know, a reason to move. They tell the market to move, right? They create what? A lot of drama. So literally for 4 years, you will see consolidation, and then for the next four years, you'll see price going up, or for the next, you know, four years, you will see price reverse, right? So again, and you can do the math with this, you know, go back and check, you know, on the 16-year cycle, right? So the first one that I'm going to give you right now is what? 2019 to 2022. The current one was back 2023, and when will the current cycle end for the 16-year cycle? When will it end? 2026, right?

So here, this is the high of the previous 16 cycles' high, right? Currently, this is the high of the current one, right? And we saw sequential SMT here, right? Bitcoin trader here, when this candle was, you know, in formation, like when it traded above the side, we highlighted here, and then, you know, within, and we also talked about this a lot, I believe, a few months ago, regards to Ethereum, you know, and the, what, one second, was calling me. Oh, yeah, sorry about that. And we talked about the possibility of a pullback right here, which, you know, I think that this is nothing, to be honest. I see people being scared. I see people just, you know, just being people, emotional. I don't think this is anything, to be honest, right? And that's just due to the fact that, you know, I view price like this, right? I don't look at here, right? I just look here, right? I don't look at, which means I don't look at price. I just look at time. So, just imagine that this is just, you know, this quarters, and it's quarterly theory, right? You don't care about how high price is, you, you just, you're just looking at, you know, quarterly theory, right? Price traded here, stopped here, you know, we, you're supposed to be bearish here, you're so, you aren't supposed to be buying here. And that's the reason why, you know, I was always saying that, you know, you shouldn't be interested in buying Bitcoin here, cuz you, we have this higher time frame sequential SMT right before dropping, right? You know, it would be nice to see a lower time frame sequential SMT here, which does not always happen when you are, you know, when you're looking at, you know, the higher time frame sequential SMT, such as the 16-year cycle sequential SMT, right? It, by itself, moves, you know, it incites bearishness, it, or it will, you know, just create a large inflow of liquidity for the market.

So here, right? You can see that there, we had two swing highs here in, you know, in close proximity, right? So this swing high before this down leg, right here, before price dropped, and now we're looking at Ethereum, right? It was broken, this one wasn't here. We had price break both of them, which, you know, is something that you would expect to happen before a major reversal, right? So on this candle, right here, which is that candle right there in Ethereum. So you guys can see the respective candles, right? That candle in Ethereum. What happened? That monthly candle, that was February of this year. It did not break, you know, that high, which was the second swing high before price dropped, which was the failure swing before price dropped. But in Bitcoin, it did. And it went really close here, right? After that, we had this candle right here, trade above here. We broke above this candle right here, but we didn't break this one, right? Then what happened here? We consolidated here. We had a precision candle form, right? This is a down close candle. This is an up close candle, right? And we just had price breakdown, right? It just dropped. Literally just dropped. You know, we got the news about what happened in Japan. You know, Japan's stock market crashed insanely. You can like Google it if you need these specifics if you don't know about it already, right? And of course, we have things heating up in the Middle East for real, right? It's always heating up, right? They have completely made us desensitized, like desensitized us, just, you know, about the war that's happening, you know, terrible things are happening, but like, we're just used to it. And this is, you know, just a part of their strategy to just, you know, control everything, right? So at a certain point, right, they use, of course, they use fear to control us. Everyone knows that. But yeah, I'll just not go any deeper into that, right?

So, yes, I believe that price will be drawn to here. It doesn't matter what happens here, right? Like, I'm not, I don't care about buying right now. Like, it doesn't matter. Like, price is not going to just go to 100K from here for Bitcoin. That's not going to happen. $100,000. I, I don't think that that would happen, right? I don't think Ethereum is going to just explode and go to $10,000 like that. I don't think that would happen. That would be too easy. Sweep the lows and then we'll talk, right? But of course, right, we'll see a lot of back and forth, a lot of fluctuations, right? Even here, you know, we could see sequential SMT still here within this range of price action, right? But, you know, there, when it comes to investing, colon, right? For the next four years, I don't see that here. And here, right? We just have a chart of the S&P 500 here and Nasdaq, right here.

So, as you guys remember, right, when price was, you know, right here, and we'll talk about why we talk about, you know, this right now, price extending, and while price was extended higher from around this candle, we were, you know, bearish, like right here. What happened here, you know, which allowed us to, you know, get out of tune and, you know, there was a higher movement of price before it fell down, even though we wanted to see price drop down. And then here again, right? We want to see a sweep before it dropped, but then it just dropped, right? We're going to look at the reasons for that, the tracking correlations between movements during a specific time frame.

So here, these blue dots, right? From this one to this one, it represents symmetrical price action. Symmetrical price action within the US dollar, you know, between the US dollar and the Nasdaq occurs whenever you have price moving in the opposite direction between those assets. So, you know, for symmetrical price action within the, or between the US dollar and the European pound, the European, the Euro, the Euro and the pound is the same thing as what would happen here. But between the Nasdaq and the S&P 500, symmetrical price action occurs whenever price is moving in the same direction, right? We all know that here, right? You can see that we had price dropping here. Here we had price extending. That's symmetrical, right? Here. And this is another type of symmetrical price action, which I'm pretty sure you don't really take into consideration, or you just completely just, you know, don't pay attention to, right? We have price extending here, right? From this low to this high, right here. What happened when price is extending from this low to this high? We had price just in a close range, right? Within, right here for the Nasdaq, right? So while, and you guys remember that, you know, we talked about all of this right here, price going higher and higher and higher, right? Also here, as well, and here, and here again, going higher, but we wanted to see price sell here, but it went a bit higher before it dropped.

So, yeah, usually whenever you see an asset, right, which opposes another asset consolidating while the other one is is extending, you know, you will usually get the asset which is already extending to, you know, just continue higher, and then this breakout will happen, opposing what's happening here. So again, we had this extended, but here we had the Nasdaq consolidating. They should be moving the opposite direction, doing the, and doing completely different things. Right? Whenever we have one of the assets which opposes the other one consolidating while that one is extending, we do not see that as, you know, doing different things. We just see that, you know, price here is accumulating, trading orders. It's waiting for a manipulation leg. It's going to go higher, right? So, here we had price go higher. Then here for the US dollar, right? It went higher, and while price broke out of this range, it dropped lower, right? Doing what it's supposed to do, right? It should be dropping lower while the US dollar is going higher, or it should be consolidating, right? And this is one of the reasons why, you know, you usually see the Nasdaq going higher and higher and higher, you know, or lower and lower and lower, while you have the US dollar that you don't just seemingly being range-bound, because at times the US dollar too will consolidate while the while Nasdaq will just expand. Course will consolidate while Nasdaq falls.

Here again, right? We see here where I have this blue dot. Price dropping. And here again, what happened? Price extended for the Nasdaq. It just expanded higher. Here we had price just pulled back completely, right? And the same thing happened here for the US dollar, right? Which ended this expansion leg. So, we had both of them consolidating right here and actually mirroring one another, which is something that should never happen. Price dropped here. Price dropped here, expanded with the US dollar, right? So, right here is when all of the mess that's happening within the market started, right? With this expansion leg. This is when all of the low probability price action started. Price expanded, then it started to drop, right? Just here, expanded, started to drop, and that's what's happening now.

What do you want to see next? We want to see consolidation. We want to see tight range price action, and that will, you know, give us a sign that we have, you know, highly tradable moves upcoming or, you know, expansions.

I hope that you found this useful, and we will be here back. Let me see. We'll be here back either Sunday if, you know, the Fed decides to have the emergency, you know, meeting Monday, which they could, or it will be Monday at 6:00 p.m. Eastern Standard Time. So, you know, watch the economic calendar. That's how you know if I'm going to go live Sunday or Monday, because if there's no news on Monday, then it doesn't make sense to do anything then. With that being said, good luck. Good shooting.