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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The Algorithm trader 🏌
Would be expecting a possible bearish rejection block to reject proce to the bearish side ... two possible take profits to be considered 🏄‍♂
4h minor structure shift, algorithm has alerted the banks for a shift of environment, but there are two things to be considered,
We have two rejection levels , we could see this first one as algorithm trying to engineer liquidity for the one above .... 🏌‍♂ so this new week could open as an instant sell to continue its engineering 🏌‍♂
Should this happen that lower one choose to get broken, then the one above would be my point of focus 🏌‍♂
Gold is currently bullish , looking at this as a possible retracement toward that bullish ob which could act as support 🏌‍♂
Two possible reactions 🏄‍♂
There's a previous bearish reaction area, a point to focuse for a possible Bearish reaction to the downside ..
Possible outlooks on gbpjpy, ...
On poi 1 which was the algorithmic sensitive level, coupled with a bearish imbalance, and that reaction made a sharp shift to the downside, shifting structure, we could return being bearish, but let's take this one step at a time 🏌‍♂
2 possible outlook...
Massive massive bullish run in formation 🏌‍♂
Look at cadjpy, we currently filled the previous banks effect to the tip, and we currently had a rejection of its rejection block... two possible take profit...
It is clear , there was a previous minor structure shift, so expect cadjpy, to start creating a bearish market environment
Three possible ideas, all heading to the first monthly take profit 🏄‍♂
Buying cadjpy is very risky ... structurally, the weekly timeframe is still bearish since its previous high was ignored 🏌‍♂ ... that major low would be taken out 🏌‍♂
Possible âĪïļðŸ˜‚
Buy avausd coin
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