The Algorithm trader 🏌
What lower timeframe should only be used for is to 1 get validations off htf levels 2 to get rentries into that market environment... So now , I would be watching for a possible reversal pattern , seeing that this is the 5m, should we see a close above…
30pips 🏌♂ take profit 1 met.
The Algorithm trader 🏌
That being said ... my take profit sits at that daily high ... so now a bullish market creation should start 🏌♂
Entry 1 Currently running 270pips
The Algorithm trader 🏌
Price starts to consolidate after taking out that low .. buy side schematics?
Has the expansion started 🙃