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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Should price close below this high, then I would be watching for bearish intentions 🏄‍♂
Should price close below ...
Possible outlook
Study 🏌‍♂
It is the daily timeframe 🏌‍♂
Watching here for a possible reaction 🏌‍♂
Two possible bearish rentry levels 🏄‍♂
Would be watching for a possible bearish reaction off this level
Possible bullish continuation
Two possible rentry levels ...
Should price close below this high, I would be looking for bearish intent
The Algorithm trader 🏌
Should price close below this high, I would be looking for bearish intent
This is serious 🥶🥶🥶 ... would still hold , even if it hits stoploss 🏌‍♂
The Algorithm trader 🏌
Should price close below this high, I would be looking for bearish intent
Possible take profit level ... "only if" price closes below the previous daily high ,
The Algorithm trader 🏌
Possible take profit level ... "only if" price closes below the previous daily high ,
Here's what I mean , if the current market closes below fridays high, we should see a bearish move downside ...
If it doesn't, I accept my losses 🏌‍♂
Possible reaction level ... 🏌‍♂
Careful ,
The Algorithm trader 🏌
Possible outlook
First take profit met , 100pips 🏌‍♂