As price is approaching its higher timeframe , take profit or entry level , algorithm would usually create minor structures on the subordinate timeframes to create constant rentry for the banks , using the principle of past present and future ... smaller timeframes shouldn't be traded with , its just simply rentry time frame for the banks ...
See the beauty of you understanding
1 algorithmic market environment ..
2 and minor structure formation... so right now, until the 4h minor high is taken out, I still see this current move as a retracement in a minor structure manner .... .. so now it is clear that that bearish volume imbalance located at 79% of price range , is what the current market is aiming for ... .. I would be taking my take profit off that vib should incase either of my bullish leg is triggered ..
1 algorithmic market environment ..
2 and minor structure formation... so right now, until the 4h minor high is taken out, I still see this current move as a retracement in a minor structure manner .... .. so now it is clear that that bearish volume imbalance located at 79% of price range , is what the current market is aiming for ... .. I would be taking my take profit off that vib should incase either of my bullish leg is triggered ..
I don't give trade setups in my channel, I only drop educational analysis on pairs I see fit ... should u use my educational charts for setups , your wins or losses is absolutely not my business 🏄♂
Previous recorded mentorship videos still available, send a direct message 🏄♂
Until this liquidity is raided , I won't focus on this pair , but once I see price reacting off that liquidity, my take home assignment would be studying the 5 30 and 4h for a possible algorithmic willingness 🏄♂