The Algorithm trader π
Principle of double rejection levels states that whenever there are two rejection areas in the market, algorithm would 1 use the first rejection area to engineer liquidity for the second area 2 break the first rejection area straight for the second oneβ¦
The first principle played out on that chart , but I just got my take profit and sell off towards the second area wrong
The Algorithm trader π
Bullish continuation on v10s π
Narrative played out , target one met π
My bitcoin analysis fails after fetching lots of pips, no problem
The Algorithm trader π
Narrative played out , target one met π
Possible bearish outlook on v10s
The Algorithm trader π
Study , the marked sign signifies liquidity swept, the eyes sign signifies the leg that started the move for the liquidity swept, which price must take out inline with the market environment
Poi1 , possible bullish outlook on bitcoin . A push up to 85k is very much in mind