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 🏌
Sniped ! Sniped ! And running 90pips 🥶
Currently running 270pips ... Possible take profit and rentry
Gu sells are closed for now because of this valid ob , should that short-term high be broken by this current reaction, then we have seen a clean bullish algorithmic willingness,
But should that previous high be maintained, then this would be broken into that low 🏌‍♂
🔥1
We could see some reaction off here ..
We are still In a bearish market environment, significant by each plb .. so we should expect a last possible drop into that region before I decide whether to be bullish or wait for another bearish rentry 🏌‍♂
Focus on market creation ...
These drops are bullish order block to me they would be filled and taken out
Take profit 1
Pay attention 🏌‍♂
The Algorithm trader 🏌
Photo
This buy could be worth it if it holds ... What I would be looking at now ! Seeing this is the one hour tf, I would be looking at one minute and 15m minor structure for either
1minor structure shift
2 consolidation
3 reversal pattern
Should any of them form in the one hour level from the 15m or 1m , then I would go either and trigger an entry , should neither of them form , then it is automatically invalidated
Reversal pattern happening, the very long term buy on this pair could start anytime soon ... 🏌‍♂
Possible bullish rentry 🏌‍♂
This imbalance
One last buy to possibly create a reversal pattern
The Algorithm trader 🏌
Take profit 1 , take profit 2 🏌‍♂
Take profit 1 210pips met , take profit 2 currently running 360pips 🏌‍♂
🔥1
Reclaimed breaker
Possible rentry 🏌‍♂