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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Anticipating bearish reaction off this level
Expecting some sort of bearish reaction off this level ...
The Algorithm trader ๐ŸŒ
Two possible reaction levels ๐ŸŒโ€โ™‚
Hmmm ๐Ÿคฝโ€โ™‚ lets crash this algorithmic support level shall we ? โ›นโ€โ™‚
There are two types of pois in the market place ,
Major pois and minor pois ...
Looking at this for a possibility, only if
Price closes below these previous engineered liquidities ... Fridays close would tell โ›นโ€โ™‚
Outlook ... daily validation ๐ŸŒโ€โ™‚
The Algorithm trader ๐ŸŒ
Take profit one ๐ŸŒโ€โ™‚
Future rentry after this low is taking ... its a probability though ๐Ÿคฝโ€โ™‚
U see all this sniper rentries I am getting, ? Check the rentry levels, u see that those rejection zones are not common, they are my invention, go and check outside, u would see that u might not see my levels outside.. โ›นโ€โ™‚
The Algorithm trader ๐ŸŒ
Two possible reaction levels ๐ŸŒโ€โ™‚
Pay attention to rentry two
. U see that shaded zone? Its mine and mine alone โ›นโ€โ™‚
Moral of the story , pay attention to your chart you would get your own inventions , and also invite the idea of stoploss, and also a live account too
because it is thru pain that inventions are formed ๐Ÿคฝโ€โ™‚
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Demo account does nothing, it doesn't improve u at all ... u can be a millionaire in demo , but once u get live , u loss several dollars , it happens ...
But once its a live account u would be forced to learn while u step on a sharp knife ๐ŸŒโ€โ™‚
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Thru pain is where transformational ideas are formed ,
Ohh u understand that u feel pains and other negatively, but when u survive, u come out stronger ?
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Outlook , two possible areas for rejection