Take a moment to really look at this. I understand that if you do not view the market the way I do it can be hard to grasp.
For me this is crystal clear.
The move above the highs will lead into a massive and aggressive bearish leg.
See it like a stretched elastic band. The harder it gets pulled, the more aggressive the bearish leg will be. I have been waiting years for this.
Beautiful.
Ps I am aware of the pain in the world. That is outside my control and not my responsibility.
Nasdaq weekly.
Ideally I want to see one more push above the high. This is the second of three pushes. The third will likely show exhaustion and form a lower high, which is where it becomes easy to enter with big size since we are not taking the high again.
#Shortwithme
Nasdaq 1hr.
90 percent sure this is the Nasdaq top. Without overcomplicating it I am confident we are shifting from bullish to bearish.
Something serious will happen this weekend that will send the indexes lower and kick off the bearish move.
#Shortwithme
Nasdaq 1hr.
I will not keep repeating the big channels but you already know I am super bearish on the indexes.
Right now on the technical side the double top in Nasdaq is being taken. Use it to your advantage.
Small tip the next monthly candle will likely retest the liquidity line as well so give it time.
Nasdaq weekly.
@cryptosymbiiote I understand your reasoning and you’re partly right, but the market has shifted from retail to large financial institutions.
Because of that, price moves differently now and it’s not as easy as it used to be.
A hard reality and not the fairytale you want to hear.
Trading has destroyed many people and it is only meant for a small group.
Why do NBA players and top footballers make millions? Because they can do something that only very few people can do and they get paid for that.
It is exactly the same in trading. In the long run only a small percentage can consistently extract profits from the market.
On X it looks like everyone can trade but do not fool yourself.
Price can only move in two directions so everyone wins sometimes, often more luck than skill.
Stay grounded, stay realistic and do not get greedy. That is the only way to survive this game.
Fun that you ask.
I got interested in stocks when I was 13 do not be shocked. My mother ordered a course for me but it was mostly theory about what futures are what leverage is and all of that. I did not get much further with it. I just wanted to see charts and understand how they actually move.
After that I left it for a while and picked it up again in 2018 because of crypto.
The first four years I was losing of course but I literally put all my time into understanding how this works.
I just could not figure it out and that frustrated me. I bought many courses and went through almost all of trading YouTube.
I could not find the answers I was looking for.
Until my first child was born and we had some startup struggles. He could only sleep if I was in the bedroom too. So what happened during the day I was lying in a dark room with the shutters closed. No stimulation no distractions. In that environment I discovered liquidity lines.
When it finally clicked and believe me I barely slept for two weeks I was so euphoric and happy because I had finally found it.
It still took another year to fully develop it and to truly understand how market makers operate.
Now three years later I am forever grateful to my son because through him I learned this. It shows that difficult periods always serve a purpose and in the end you come out stronger.
I often asked myself why I was allowed to learn this why me.
That is why I believe if you truly have knowledge you should help others. It accelerates your own growth and brings more good things into your life.