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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@thealgorithmtrader
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Leave the smaller timeframe , its full of noise
Htfs filters the noise , its straight to the point ...
People ask me how do I do a top down , let me share this for yall,
1 i check the htf for
a the current market environment,
b where the market is coming from ,
c where the market is going to,

After getting that , it enables me to be inclined to what smaller tfs would do next ,

After getting that ( number 1)

I then go to the intermediate tf
1 to get it market creation ,
2 to get rentries into the htf

After doing that , I then go to the smaller timeframe around the rentry of the intermediate tf , and hunt for algorithmic willingness,
Should that be given , I then set my take profit in line with number 1
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Watching how price closes today ,should we see a close below the previous daily high, we could have a bearish push to the downside, that would then be seen as a clean reversal, stophunting the previous sellers , trapping the bulls and also bringing the the bears ,
Should a close below the previous high is possible, we could see a sharp bearish push to the downside ... a close above ,? I would ignore all these talks and deem them as fairy tale , and the bulls could continue their move
Would be watching for bearish reaction off this level ⛹‍♂⛹‍♂
Possible bullish reaction levels
Possible bearish reaction
Possible outlook
The Algorithm trader 🏌
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I caught this dxy from the origin of its move !