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 Contact the admin @thealgorithmtrader
Two possible outlook , poi1 would be validated if price closes below these previous highs, should price close above , it would reach for poi2 and I would then watch for reactions ...
Algorithm looks like it caused a reversal pattern on the weekly timeframe, the banks have gotten the willingness to buy off the bullish weekly imbalance