The Algorithm trader 🏌
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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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To the one hour , market structure seems very clear , Algorithm created imbalance while the banks fell price , I expect to see this imbalance serve as more banks rentry , following price back down into the DRB ...
Now to the 15 , we can see my 1h poi showing as a BB. I could have said this entry is a good one , but looking just above this poi , u would clearly see some clean highs marked"x" so should Algorithm refuse to give an alert on this 15m breaker block I would then focus on the area marked "x" for a rentry πŸŒβ€β™‚
One key thing u should all take as a trader is , every move that occurs in the market place is intentional , it is very important to create space in your mind to understanding the reason for every move occurring the market place , it would definitely help u to understand where and what level would be the next rejection level ...
And also , always always put this as your first reason when you open your charts ..
1 where is this present market coming ,
2 where is it headed to ,
Then u can now start your analysis ... ❀️
The Algorithm trader 🏌
Algorithm is in charge of this current movement , I expect to see this void creator mitigated ..
Algorithm didnt fetch me what I am used to seeing on considered POIs, hence invalidated πŸŒβ€β™‚
LET'S PAY ATTENTION TO THE INFLATION FIGURES UNDERWAY FOR TOMORROW'S TRADING

#CAD
#GBP
Volatility 50 index , the previous stophunt fell , there by shifting structure to the downside , I would take this sign as a bearish alert ,. .. so right now , Algorithm aims to fill up the previous banks entrance. And hence head back downwards ...
On a clearer veiw ...
So to the 30m , I would love to see how Algorithm reacts off this imbalance ,.. a break above this high invalidates this trade ...
COULDN'T UPDATE THE TEAM ON THIS TRADE... BEEN QUITE BUSY WITH STUDIES AS I GOT A TEST THIS WEEKEND


TALK TO YA'LL LATER FAM
#CADJPY
Had this veiw drawn out on this pair ...
Now , price peacefully approaching my take profit level ...
4h posing a possible retracement .. let's watch how this plays out πŸŒβ€β™‚
This was my previous analysis on this pair ...