During this livestream, Irek provided a high-level technical overview of the global financial markets.
Main discussion points:
- Discussion: Another BTFD event in both crypto and stocks
- ... BTC is currently in a HTF IBO pullback hitting initial target level
- ... That's a pullback of 35% from all time highs of $65k
- ... ETH is currently in its first major pullback since the break and retest of $2k back in April, a 120% run
- ... ARK ETFs finally hit the weekly 50 ema, looking for a HTF ACB bounce
- ... That includes a long list of innovation/growth stocks that are also getting spring loaded to pop
- ... Another one of those BTFD type of weeks
- Overview of open and recently closed positions
- Full HTF watchlist breakdown for FX and Stocks
- Overview of the best HTF pullbacks in crypto in preparation for the next bullish wave
Originally aired live on May 17, 2021.