The Algorithm trader ๐ŸŒ
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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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Pm news coming soon .. please stay safe guys .. this one would be bloody
Close your trades till after news โค๏ธ
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Its just a view ๐Ÿ˜
Possible bearish outlook... should that high that houses my poi [the drawn line] gets broken, then I see that as a bullish sign on the daily
The grounds to play the game has been created โ›นโ€โ™‚
Watching out for reaction here
This failed
Pay attention โ›นโ€โ™‚
Possible rentries ๐ŸŒโ€โ™‚
Would be watching for reaction off this level ..
Two possible poi
I have a theory on usdcad ... this one looks interesting to take to studyโค๏ธ
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Theory one ,price could want to run to the reason for the previous bullish expansion that broke the previous structure and this current reaction could be seen as algorithm wanting to engineer liquidity in a retracement manner .. and hunt for this nearest shorterm high and use that to bring in more banks ..


Or...
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Theory two,
Price could want to use this inverted breaker block as a bullish continuation ๐Ÿ„โ€โ™‚
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