The Algorithm trader ๐ŸŒ
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I focus mainly on what actually creates the market"algorithm"
Disclaimer ...!Every analysis sent to this channel are for "educational purposes" not for signals .should u be interested in understanding this algorithm
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The Algorithm trader ๐ŸŒ
Narrative playing out ๐Ÿคฝโ€โ™‚
Price has run 1140pips after narrative was given ๐ŸŒโ€โ™‚
The Algorithm trader ๐ŸŒ
Outlook
This has also hit its 800pips take profit two target ๐ŸŒโ€โ™‚
The Algorithm trader ๐ŸŒ
Outlook
250pips take profit one target met ๐ŸŒโ€โ™‚
250+800+910+1140pips = 3100pips accumulated on gold alone ๐Ÿคฝโ€โ™‚
Any fall that happens on gold would send gold down to 2050 ... note this down ..๐ŸŒโ€โ™‚
Back to bitcoin ๐ŸŒโ€โ™‚
Possible outlook
The Algorithm trader ๐ŸŒ
Possible outlook
First minor structure shift spotted would be watching algorithm come mitigate this bullish irb and propel higher ๐ŸŒโ€โ™‚
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There are four types of structure in this market ,
Major structure
Minor structure
Major minor structure
Minor Major structure..
And they all work hand in hand in price delivery โค๏ธโ›นโ€โ™‚
The Algorithm trader ๐ŸŒ
Lets eat structure by structure ...
This current move should take out this high first to maintain a bullish structure ๐ŸŒโ€โ™‚ before considering the 4h level for a bullish rentry
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We go again this new week โ›นโ€โ™‚โ›นโ€โ™‚