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Hello everyone. I hope that you guys had a wonderful weekend and I hope that you know thus far you followed my advice and you know did nothing right.

As you guys can see today, the price action was not, you know, clear across the board, right? And that's mostly due to the fact that, and you know, every time I, you know, speak about things like this, these are the most important things, right? Whenever I'm talking and there's not a chart in front of me, that's where I'm giving you the most sauce, as you would say. These are the most important topics, right? The things that you can't see, right? So, due to the fact that we had, right, no news events today, you know, no high impact news events today, and there is none tomorrow, right? There is a less likely chance of us having, you know, movement on Monday. So, whenever you have two consecutive days without high impact news events, you know, for now, the high impact news event that we depend on is the US dollar. And, you know, we'll continue depending on the dollar for movement until the, you know, the world changes, right, its main currency. But for now, it's the US dollar. So, tomorrow now, right, we have Tuesday, whereas we can expect something, right? But it will not be high probability. So, the only reason why you should do anything at all tomorrow is if you see, you already know what you need to see, right? Sequential SMT, right? And for sequential SMT to, you know, be of importance, for it to, you know, for you to even be able to glean anything from it, right? For you to take it seriously, you don't need two consecutive sequential SMGs, right? You don't need that, right? You don't need a precision swing point either, right? For the, the easiest way, you know, for me is to have a higher time frame gap. And whenever you have a higher time frame gap and then you have sequence within that higher time frame gap, you don't need anything else but that, right? And then that's just something else. But of course, since lately we haven't been having a lot of higher time frame gaps to use. So we've, you know, have to be using our sequential in stages, right? Which the first stage would be stage two, as you guys know, and coupling that with position swing points as well.

So, Wednesday, you can see that, okay, you can see that Wednesday and Thursday, right, is or days whereas we will have the volatility enter the market. For now, we're consolidating, right? Tomorrow, we'll see what will happen tomorrow. But the days to trade will be Wednesday and Thursday, right? Those will be the days whereas the assets will move. We will have, you know, the hello week forming, for sure, right? Then Friday, due to the fact that Friday is the third consecutive day whereas we have high impact news events, Friday should return back within the range of, you know, whatever happens here, right? We're looking at Bitcoin versus Ethereum, as realized, if you look in the top left corner of these charts, you'll see that we're looking at the data from the CME, right? So this is the futures data, right? The raw futures data from Bitcoin and Ethereum. This is where all of the, you know, information in regards to, you know, Bitcoin or Ethereum depends upon, right? So Kraken, they get their information from here, Coinbase from here, CoolCoin from here, everywhere they get information from, you know, the futures charts. So here you can see that, you know, we traded below a swing low on Bitcoin, which was made within this gap right here, right? Of course, right, normally highs or the, you know, autumn highs or, you know, whatever it is, they are not formed like this. And for sure, they're not symmetrical, just as here, right? Here you can see that we don't have a correlation, right? Here, none whatsoever. So, we cannot, you know, expect a reversal just yet. We need to see closure to expect a reversal. If anyone's shorting right here, they'll get themselves hurt, right? You don't go and short blindly, right? You wait, right? That's what you got to do. You can see that, of course, we already have a higher time frame sequence SMT, but, you know, for this higher time frame sequence SMT, which was formed between the centennial cycle, which is comprised of four years, you know, we need a lower time frame cycle sequential SMT or a precision swing point of a higher time frame, such as the monthly, to, you know, confirm that we will be going lower. But of course, um, ultimately not bullish on Bitcoin, but, you know, the last time I talked about Bitcoin, we expected high prices, but that does not, you know, mean that we just expect it to be going up forever and ever. Nothing ever does that. And of course, right, we can note that we have these lows right here, right? Which I know it seems crazy, but like, even, you know, this drop and it's even right here to here, it seemed crazy as well, don't it? Right? So, you know, it's the, I have the same idea as which I've had for the past few months, right? So we're going higher for now until we see, you know, some creating correlation here, which goes in line with a higher time frame, right? And this, you know, we could see price consolidating for a few more months, for sure. And this is due to the fact that whenever you have, you know, high, you know, you know, high volatility, you know, entering the marketplace, then you need to have consolidation before. That's where, you know, they build up all the orders. That's where they absorb all the liquidity needed for price to reverse, just as, you know, what happened here, right? We consolidated here, expanded, consolidated here, expanded, consolidated here, expanded, consolidated here, and we expanded, right? Followed by position swing point, and we fell.

So here you can see that, um, right on the chart for Ethereum, right? I just turned off the wicks so you guys can see the hidden sequence MT better, right? So this was between the quarters of the year, right? And this is the daily time frame that we're using. So here, typically, here, see hidden sequential SMT. If I turn the W on, you guys can see the wicks right here, right? But what confirmed this, right? The hidden sequence is empty right here. What confirmed it? This right here, the position candle, right? So, right here, you can see that this candle is out of, you know, tune this one, right? This is an up close candle. This is a down close candle. This is a down close candle. This is the upload candle, which is where we, which is, you know, why we got this gap right here, and then we had price continuing higher, which is what we expected, right? We, right, we pointed out these highs right here. [snorts] And, you know, ultimately, um, we're expecting price to, you know, push above all-time highs again, right? Due to the fact that, right now, we have the, we have Bitcoin, you know, expanding more than Ethereum, right? What usually follows this, you know, which is, you know, what I just call lagging, right? Cuz the altcoins are lagging behind Bitcoin, right? So, Bitcoin first shows you the move, and then you'll just see, you just have crazy, whereas you'll see Ethereum doing 5%, 6%, or whatever, and everyone's like, "Ethereum's back," right? It's, it's just covering the ground which Bitcoin was, you know, already laid. The path that Bitcoin was already laid. It's just following what Bitcoin is doing, right? Which is what it does. Just follows what Bitcoin is. Bitcoin does not follow Ethereum. Bitcoin doesn't follow anything else, right? That's why, you know, Bitcoin is the king, and it has nothing to do with technology. That's just the way that they made it, just as how, you know, for the index future, the S&P 500 is the king, right? For the forex market, the dollar is the king, right? Everything follows those specific asset classes. Everything, I mean, everything within those specific asset classes follows those specific assets, right? Just as how everything in the crypto market follows Bitcoin, right? So, for now, expecting higher prices still. It's very obvious why those highs just cannot be neglected. And then here, right, you can see that we don't have sequent here. We don't have any form of cracking correlation here at all, right? So this high and this high, this high and this high, you can see that this is low resistance liquidity, right? And we can expect price to just blow through those highs. After which, you know, if we see consolidation in something similar to what happened here at the low, above this high, then we can expect a reversal again.

So, right here, we will be, you know, we just diving into, you know, doubling theory a bit. You know, we won't go all the way in due to the fact that this is the first live stream for the week. And also, you know, I just want to get you guys acquainted with, you know, this concept. It is similar to, you know, sequential SMT. It is sequential SMT. But just as how you have different SMTs, you have different sequential SMTs. This sequential SMT does not fall under quarterly theory. Instead, it falls under doubling theory, right? So here we had what? And of course, doubling theory falls under quarter series. So it's like, yeah. So here we have, we had sequenc which formed here, which of course we saw this higher run, and then of course we saw this sequential here, which we pointed out, I believe in the last video when price was here, and then we fell. Why do we have price reverse right here? Right? Why did it reverse right here? There's no sequential SMT here and here, you know, if you're looking at the traditional sequential SMT, you know, which just has to do with the quarter theory, then you would see nothing here, right? We have price, you know, forming the low right here, which is the low of these two quarters of the month, right? So again, when you're looking at the monthly cycle, you need to be using the 4-hour time frame, right? So these, this low right here, it's important. Why? First of all, we had sequential SMT here, right? Whenever you have sequential SMT here, just like this, right? Then all of this price action which took place within this month, then you're going to find the lowest low which is going to be, you know, the main low which caused the sequential empty here in the other asset class where we had a swing low. This would be the main low. All right, pay attention now. Right. So you can see that right here, I have sellside liquidity annotated below this low and not this low, right? That's because, right, whenever you have, for example, the highs right here, right? Where we had, you know, this form a failure swing, this form, you know, turtle soup, we're going to expect the NASDAQ to fall more than this, right? That's what we're going to expect. Why? Because there's a weakness here, just just as of here, right? Where we see price failed to fall below this low right here, right? Which the only reason why it's that important is because it caused sequential SMT, right? So for this, we are coupling, right, two quarters, right? Doubling theory, two together, 1 + 1, two, right? So this just became on right level, right? This became, you know, important due to the fact that we combined both of these quarters, which would make a half right here. We can do this also just to represent this other half over here, right? So the thing about this is, as long as you have sequential SMT, right? It, it becomes a half. It doesn't matter if this sequential entity was between Q1 here or Q2 here, or Q2 here and, you know, Q3 here, right? This will be, would become the basis of what you are looking for. So this low right here becomes important just because of this, right? In most cases, you won't need this, right? But whenever the case or the conditions are right, then that's when you use it. Right here, you can see that we're going to do the same thing that we did here. So here, this is a half. Here, this is a half. So right here, this, why is this important? Okay, we had sequential SMT here, but, you know, this sequence SMT is under the rules of doubling theory, not quarterly theory, right? It's under the rules of doubling theory. Doubling theory deals with what? Mostly halves. Halves. Quarter theory deals with what? Quarters. So here we traded below this pool of liquidity that we just reversed. This is the reason why this happened. This is the, you know, reason why this is important. This is the reason why we are going to expect higher prices, right? Because this happened, right? And of course, as you guys can see, you know, the veterans that are here, the people that have been here for 10 years, 5 years, you've been in the industry. This has, you know, nothing to do with higher time frame levels at all, right? It's just time based, right? So, for example, right here, we had sequence here, right? So where would we depend on the next album of quarters? We're here. So you guys can see right, be here. So if we see price run above this high during this combination of quarters, right? And, you know, run above this high, fail to run above this one, then that is a cracking correlation in itself, right? So, of course, it goes deeper. Of course, there are certain time frames that, you know, synchronize with certain cycles. Of course, we'll get to that Wednesday, whereas we, you know, we'll dig deeper. So, for this, do you need a precision swing point? The thing is, right, precision swing points, they do what the name, you know, it's pretty clear. They just bring precision, more precision, right? Ultimately, you know, they are not needed. But for freaks, those that, you know, just, you know, are paranoid like me and myself, they need every, they need all the stars to align. That's when you use precision swing points, right? Some of, you know, some people, they're not afraid of taking losses. They don't care. And you can't really be afraid to take a loss if you're here, right? Cuz you're going to lose some of the times. You're going to be wrong some of the times, right? And that's just, that's actually, you know, beauty, right? Just try not to fight it, cuz, you know, you're never going to win that fight. So, yes, we can expect higher prices. This became a draw on liquidity, you know, as soon as price traded below this low and failed to trade below this one, right? So here we can see, you know, the magneto effect taking place as well, right? So here, and, you know, highs or, you know, all-time highs that, you know, hold for months are not usually formed like this, right? You usually have, you know, more of, you know, a push above, for example, the S&P 500's highs, due to the fact that it's the main high, right? And it's not usually wicks, right? And looking [clears throat] at the weekly time frame, right? You shouldn't see a lot of wicks, cuz remember, wicks are gaps, right? And gaps are not usually left unfilled, right? Even here, it's just a wick over this high right here, which is, you know, just proof that, you know, this drop was short-term.

Here we are looking at the FX triad. We have, of course, the US dollar here, the euro here, and the and the Great British pound right here. So we're trapped right in between liquid equipples here. We have bad liquid, the high sell, the low, right? The same thing for the euro and [clears throat] the Great British pound. I'm thinking that, you know, we can expect, um, the euro to push a bit higher, the Great British pound to push a bit higher, and the dollar to fall a bit lower. Take out, you know, this low again, due to the fact that on the higher time frame, we stated what we, we expected before we saw a, you know, tremendous rise in the dollar, which we haven't seen yet, right? And what we expected was that, you know, we expected the, a certain low, which would be this low right here, to be taken out with a certain, you know, by a certain amount, which it has not been taken up by yet, which would be, you know, this wick length, right? Which would put price around here. And we're not there yet. But ultimately, right, the drawing liquidity, you know, still remains here and here. It's just that now we are consolidating. And also, right, as you guys know, and these are things that, you know, we've been hinting on, we've been expecting, right? You know, insane, you know, information which would affect the market on a hold on a hold, right? So we have, we now have Biden dropping out of the presidential election. What else do we? Last week, I believe, was it last week? Friday, um, we had all, you know, I almost all major IT services down everywhere in the world, flights being grounded, all of that, you know, insane stuff that, you know, we only see in movies, basically, right? That's, you know, just coming to life. So, due to the fact that, you know, all of these things are happening, you know, that is the reason. And yes, it's the same thing I've been saying for, you know, like 2 months now, that's the reason why you're seeing price just being held in position like this, right? And, you know, we, we'll continue to see, you know, price action like this, which, you know, which will probably just give us two to three days a week to do something [snorts] like mostly two days out of the entire week to do something, right? Due to the fact that we have, you know, this nature of price action. So, we, it'll probably be like this until like November. And then after that, for I'd say, you know, the next four years, which is very specific, 3 years at least, we'll just have, we'll be having actual trending price action, right? Price action that everyone loves, price action that, you know, as traders, you need. So, for now, pay attention. Try to, you know, understand price action. Make use of, you know, this type of market condition, right? Which, you know, it will happen four years from now again. Why? Because we usually have market conditions like this, right? Before presidential elections, we usually have things like this that are happening right now, which are crazy, right? Before presidential elections. What are they? What are they distractions from? You tell me.

Hope that you found this useful. We will be back day after tomorrow, 6:00 p.m. Eastern Standard Time, right? Hopefully, then we will have, you know, something, you know, more concrete to work with. Hope that you found this useful. I hope that you have a, you know, wonderful day, rest of today, tomorrow, and we will be back. Good luck and good trading.