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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Now , price peacefully approaching my take profit level ...
4h posing a possible retracement .. let's watch how this plays out 🏌‍♂
This was my previous analysis on this pair ...
Now ... Playing exactly as said ...
Spotted something interesting ... I really want to see Algorithm break this previous short term high violently to the upside ... After spotting a 4h SS on this support level , that fetched me a previous high probability trade, I then would want to see this weekly structure shift, should this occur , then the buy I see happening would then be of high probability 🏌
Now to the 4h , it is very clear ...
Note , Algorithm have spotted a 4h shift, until I see this major high broken, then my buy entry level becomes high probability, .. should it not get broken , then I simply would ignore this future buy , and look for sells
Price currently rejecting without getting to the imbalance below , so I would see this as Algorithm wanting to induce early buyers ., I would want to see price get to this major poi, and also see how it reacts off it , ..
I totally forgot to drop this analysis ..
Anyways this is the current eu price, study it 🏌‍♂
80pips scalp successful
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50% Partials taken at 95pips
Rest running on risk free ,
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Chf jpy is showing something very interesting ❤️
We have a previous ss , clear bearish sign .. price is then Currently , rejecting from the daily RB ... I expect the next old daily low to be cleared 🏌‍♂
I am not convinced in the present sell occuring , Algorithm simply engineered eqh , I expect to see Algorithm drive price higher to clearing the high just below it's void creator , I would then be watching for the algorithmic reactions I am used to seeing on its surbodinate, should I see , then I would follow this market to clearing out the daily low and further down ,
Would be dropping btc analysis later today ❤️
Bitcoin showing every possibilities of bulling to 31700 dollar hall mark 🏌‍♂
Traders , pay very close attention to this months closing candle .. this could play a vital role for the direction of the market for months 🏌‍♂
The closing of this candle is very important in setting the direction for next week ....
Watch for reaction !
Potential sell , 🏌
Looking for a possible bearish retracement into the bullish major poi 🏌‍♂.
With the message Algorithm is passing accross to me , this buy limits is a low probability trade .