The Algorithm trader 🏌
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We 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 algo,
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KEEP CALM...

~TALK TO YA'LL LATER ❀️
#UPDATE...
#AUDJPY


TRIGGERED AND RUNNING 🎯
NAAAA BRO 😈
Now , we have reach a resistance point which you should reflect on as a trader, seeing that according to market structure, the recent resistance which price Is currently reacting off from filled it's previous imbalance alongside mitigating it's previous bb in line with it's previous structure . Altho I have two POIs in mind , I would want to sit and watch how price plays with this ...
Now to the 30m of the first poi , we can see that it's reaction on the 4h , shifted structure on its surbodinate , I except to see a positive reaction off this my SPOI, watching how price reacts off its lower subordinate, should I not see the Algorithmic alert I expect to see , I would simply not take this trade
The Algorithm trader 🏌
Daily , clearly explained ...
Seeing that I still expect the previous bank effect to be filled to it's brim , I would take this current rejection as a retracement move to "induce sellers and also engineer liquidity " so now we have gotten to a major support which I believe should help in pushing price upward , into the void creator shown here as my future sell entry
To the one hour we can see an explosive green candle rejection off the daily imbalance , which could be seen as a bullish sign ...
Now that daily imbalance reaction , shifted structure on the 15m , I intend to see price heading up from here , .. price could still want to fill up the daily imbalance , maybe like creating a st swing low on Wednesday but I want to see a buy through out the end of this week ...
Should it fail, I would take the recent daily rejection as a full "Algorithmic inducement"
And by the way , july's monthly candle is coming to a close , it is this july's closing that would set the new direction for all currency pairs .. so as a trader , u might want to pay more attention to this monthly candles close ❀️
To the one hour , market structure seems very clear , Algorithm created imbalance while the banks fell price , I expect to see this imbalance serve as more banks rentry , following price back down into the DRB ...
Now to the 15 , we can see my 1h poi showing as a BB. I could have said this entry is a good one , but looking just above this poi , u would clearly see some clean highs marked"x" so should Algorithm refuse to give an alert on this 15m breaker block I would then focus on the area marked "x" for a rentry πŸŒβ€β™‚
One key thing u should all take as a trader is , every move that occurs in the market place is intentional , it is very important to create space in your mind to understanding the reason for every move occurring the market place , it would definitely help u to understand where and what level would be the next rejection level ...
And also , always always put this as your first reason when you open your charts ..
1 where is this present market coming ,
2 where is it headed to ,
Then u can now start your analysis ... ❀️
The Algorithm trader 🏌
Algorithm is in charge of this current movement , I expect to see this void creator mitigated ..
Algorithm didnt fetch me what I am used to seeing on considered POIs, hence invalidated πŸŒβ€β™‚
LET'S PAY ATTENTION TO THE INFLATION FIGURES UNDERWAY FOR TOMORROW'S TRADING

#CAD
#GBP