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NON FARM PAY ROLLS

🕑 Added 2023-05-05 09:36:38 +0000 UTC

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Nice! Up to 29,844. Now let’s how low we go….

One question, while watching bookmap, i often see big limit orders appear and then removed once price hits em, also price goes up and instantly huge buy order appear below it, or price go down and sell order appear above just a sec later, price goes towards it and it's removed etc etc. Whats the logic behind, for you, does it give you any hint at the MM intentions?

Hi Tino! I remember you wanted to elaborate on 2 questions i had few vids back and i think you haven't done it yet, or did i miss it somehow?

That’s how you breakdown the uncertainty of the charts. You hit the nail on the head there my friend.

I've been watching delta for the past 8 hours and i think it is extremely likely we are going to 29600-29900 to get last bit of liquidations, maaaybe visit vector at 30300 but that's about it, after that its a freefall. 1)Delta shows somebody, very likely MM, grabbing orders both way, huge spikes of purchases and sells in the same area, leads me to believe we gonna see 2 way move. 2)5 min chart currently showing perfect fall-retrace, move up and W formation at the bottom even with green vector on the second leg and with support in the key areas, 2 and a half hours before news. 15 min and 1hr charts looks like a likely retrace too. Plus huge liquidity on 28k and 26.5k zone to grab. 29600-900 -> 26.5k over the next week looks like a perfect play. We fell from 29200 to 28700, grabbed liquidations, show bullish signs to retail, up to 29550 and slow fall, now support, push up now will be the last "conviction straw" for many to go long. Aaand reverse. VIX + latest US economy news looks good for the $, but retail seems to be sold on the idea of btc going up, remember they see no backwards correlation with USD strength. Sooo, USD up, S&P and btc down, but first, get a few more longs and liquidations.

Thanks Tino

King for a day! :D Im trading... very lightly. A few assets on the table to keep my eyes on. Nothing crazy.