STAY TUNED.... VIX 75 UPDATE UNDERWAY
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The Algorithm trader π
Zooming in clearly , we can clearly see that the market is currently facing a rejection off the daily BB, since my expectation is price heading to fill up it's previous bank effect, i could easily say the BB is retracing price ,...
1h chart,
Based on the daily void been expected to be filled , I expect this present move to be a retracement leg, making Algorithm do what it usually does during retracement , carrying price into the next entry level that would inturn align price with the daily time frame...
I wouldn't enter a limit order here, seeing tht the daily is currently rejecting from it's bb , I would wait for an algorithmic alert
Based on the daily void been expected to be filled , I expect this present move to be a retracement leg, making Algorithm do what it usually does during retracement , carrying price into the next entry level that would inturn align price with the daily time frame...
I wouldn't enter a limit order here, seeing tht the daily is currently rejecting from it's bb , I would wait for an algorithmic alert
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WANNA SEE AT LEAST THE M5 LOW BROKEN TO VALIDATE A MORE BEARISH STANCE OTHERWISE... SIDELINES β οΈ