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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Approaching 50pips πŸŒβ€β™‚
πŸ”₯2
Currently eating this in my signal room ⛹‍♂⛹‍♂
Dxy should hit 100.800 πŸŒβ€β™‚
I will wait for u πŸŒβ€β™‚
Run love, run ⛹‍♂
Eat till u have your full πŸ§˜β€β™‚
Study this entry, its worth it ❀️
If and only if price closes below the previous high, .. should we see a full body close above the previous high, btc aims for 500k on the long run .... should we see a full body close below the previous high, its a crash to 15k , 10k , 3k ...
Give it days to show its hands ...
This weeks closing is really crucial
The Algorithm trader 🏌
Two levels considered for bearish reaction
First reaction level falling 300pips and counting β€οΈπŸŒβ€β™‚
The Algorithm trader 🏌
A possible reaction is what I anticipate
Falling 300pips and counting... watch 153.120 , this present drop should come for it ...
The Algorithm trader 🏌
Falling 300pips and counting... watch 153.120 , this present drop should come for it ...
General outlook , its a long long term fall... this would only ! Be validated if this my bullish rectangle breaks , should that happen, 153.120 is the next target , after that , tank !
Should it respect it , we remain bullish ..
Okay , how do I want to explain this for us to understand β€οΈπŸ˜‚πŸ˜
I understand what I analysed, but to put it to terms 😐 ...let's just say I am watching on the the principle of double rejection levels playing out here ...
Principle of double rejection level means
When u spot two rejection levels , algorithm would usually
1 use the first rejection level to engineer liquidity for the second rejection level
Or
2 break the first rejection level and aim directly for the second level ... β€οΈπŸŒβ€β™‚