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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We are still bearish , I hit stoploss on this pair , was looking out for a sell when price was doing the opposite ... anyways, a lost opens your eyes to the market in a way that your mind would never have comprehended ..
Characteristics of a reversal pattern ?
Once I see a close below this previous high, I become bearishly inclined ...
So its two ways ... I would just sit iut the remaining of this month ...
The Algorithm trader 🏌
Rentry sniped, and currently running 340pips ... approaching its take profit 1 , Yes I was in this crazy week's fallπŸ˜‚β€οΈ
Now if u were present on day 1 and 2 .. I have these few questions for u ...
1 check,  do u see any reversal pattern ?
2 was all its characteristics  met ?
3 what market environment are we?
4 where is price coming from ?
5 so now where is price heading to ?
Do u understand  now ?  Simple to pull off right?  πŸŒβ€β™‚
Get ready !
πŸ”₯4
Okay , the 3 day meeting has ended, ❀️ .. I hope we all learnt a thing or two ? β€οΈπŸ˜‚
❀2
If u were in my 3day meeting ,
You should understand this right ? πŸŒβ€β™‚
Algorithm "must" take out that previous high
πŸ‘3
See that imbalance
The Algorithm trader 🏌
80pips in .... πŸŒβ€β™‚
Gave 80pips and eventually got invalidated , not bad πŸŒβ€β™‚
The Algorithm trader 🏌
Now look at this lows on gold .what do u think
Drove down as said πŸŒβ€β™‚ check the timeframe πŸ„β€β™‚
If u attended my Friday to Sunday meetings, do u understand why this low "must" be taken out now ? πŸŒβ€β™‚
Careful πŸŒβ€β™‚