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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Now to the 4h , it is very clear ...
Note , Algorithm have spotted a 4h shift, until I see this major high broken, then my buy entry level becomes high probability, .. should it not get broken , then I simply would ignore this future buy , and look for sells
Price currently rejecting without getting to the imbalance below , so I would see this as Algorithm wanting to induce early buyers ., I would want to see price get to this major poi, and also see how it reacts off it , ..
I totally forgot to drop this analysis ..
Anyways this is the current eu price, study it 🏌‍♂
80pips scalp successful
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50% Partials taken at 95pips
Rest running on risk free ,
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Chf jpy is showing something very interesting ❤️
We have a previous ss , clear bearish sign .. price is then Currently , rejecting from the daily RB ... I expect the next old daily low to be cleared 🏌‍♂
I am not convinced in the present sell occuring , Algorithm simply engineered eqh , I expect to see Algorithm drive price higher to clearing the high just below it's void creator , I would then be watching for the algorithmic reactions I am used to seeing on its surbodinate, should I see , then I would follow this market to clearing out the daily low and further down ,
Would be dropping btc analysis later today ❤️
Bitcoin showing every possibilities of bulling to 31700 dollar hall mark 🏌‍♂
Traders , pay very close attention to this months closing candle .. this could play a vital role for the direction of the market for months 🏌‍♂
The closing of this candle is very important in setting the direction for next week ....
Watch for reaction !
Potential sell , 🏌
Looking for a possible bearish retracement into the bullish major poi 🏌‍♂.
With the message Algorithm is passing accross to me , this buy limits is a low probability trade .
Anticipating something of this sort 🏌‍♂
I repeat again ...
Pay attention to this months closing candle..
It would set the path for the direction of the market for months to come
Believe me , I wasn't looking at this tf for analysis, but now it is clear now that we had an imbalance rejection, so Algorithm should aim for stops ... Which is the major low to start with