The Algorithm trader 🏌
The one hour time frame , seeing the daily , reaction , this entry level is of a low probability , as price could as well break this level easily, but seeing the sms that occured previously , and the current price movement, I expect to see a buy to sell program…
both take profits met ... lets now watch for a bearish reaction
The Algorithm trader 🏌
the daily poi brought down to the 1h .... lets study price
playing out smoothly . if u had took trade with a good lotsize , u could have bought a clean brand new car right now 😂😂
The Algorithm trader 🏌
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…
can u see how that high got broken ? lots of folks had sell limits around that region innit ? they were all smashed outta the market place ! understanding how this market works is key guys ,,,, absolutely key ! now lets wait for our retracement levels to give us what we want to see
there are two environments in the market place , the bullish and bearish environment .. algorithm delivers price from one environment to another .. once algorithm has finished delivering price in a bearish environment for example , u dont expect a past rejection from that bearish environment to reject {not retrace price } in a bullish environment ! never ! rejection levels in a past environment retraces price in a new environment , think about this !
The Algorithm trader 🏌
another buy to sell opportunity
played out as said . only that the sell off region was ignored, but still yet , it keeps on going as analysed 🏌🏿♂️
as a trader, the best thing u can do for yourself is understanding every move in the market place,, understanding who drove those moves would help u in gfforcasting the future effectively
The Algorithm trader 🏌
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 ...
caught this sell off from the very beginning 🏌🏿♂️