The Algorithm trader 🏌
Possible bullish reaction anticipated on gold
This serves as poi1
Most times I'm sure you all wonder why I always pick two pois instead of one if I'm sure of what I am doing,
Yes yes it should be one , but in algorithm. There is what is called "principle of double rejection areas"
So when this is in play. I pick two areas , if it isn't. I pick just one area 🏌
Yes yes it should be one , but in algorithm. There is what is called "principle of double rejection areas"
So when this is in play. I pick two areas , if it isn't. I pick just one area 🏌
The Algorithm trader 🏌
Principle of double rejection area states that whenever u have two rejection levels close to each other, algorithm would either 1 break the first rejection area for the second one Or 2 use the first rejection area to engineer liquidity for the second…
For those wondering what principle of double rejection might mean 🏌
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The Algorithm trader 🏌
Us30, possible bearish outlook
Wicked me out due to last weeks news , but still standing on my bearish narrative on us30