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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A quick lesson on topdown analysis
The first thing u look out for is
1 where us the origin of the current move coming from ?
2 where is the current move going to ?
3 Who was in charge of the past move ..
4 who is in charge of the current move ..
5 check the "overall market direction " this would enable u to know what environment you are ....
U do this with the monthly and weekly ....
πŸ‘3πŸ‘1
Then go to the daily time frame , what you should be looking out for is
1 minor structure that are inline with the monthly direction , algorithm would consistently break " inline minor structure " of the HTF direction so the daily timeframe should be treated as the minor structure of the monthly tf...
So once u u see minor structures, all u need is just looking for its minor poi that "must" be inline with the htf direction .. and wait because price would react off it ...
Then you now use the 1h for algorithmic reaction , 15m for entry ....
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Lots of y'all traders seem to ignore candlesticks ... I don't mean candlestick pattern .... I mean it's candlestick ... Pay attention , it's the key to everything !
First minor break spotted off the weekly timeframe rejection ... A breaker for bearish loss mitigation could be possible right ?
Two case studies for rentry πŸŒβ€β™‚
In everything u do , put God first ... Winning with God is the sweetest thing ever ❀️
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Poi 1 .. previous low got broken. ...
Now there are two possible scenarios playing out here ....
1 that low break was a major break in the 15m . So price should be reaching for a major poi , so that could validate this my entry level , because there are rejection levels still far above ...
2 but if this major 15m low break be seen as this 1h minor low broken , then this would be a clean poi to be considered ...
Let's do a review on EU , get your pen and paper ready πŸŒβ€β™‚
This current sell could be algorithm engineering liquidity for that imbalance just above the rejection liquidity, so it stands now that the banks are watching this imbalance for a future sell ...
That monthly imbalance, there is an algorithmic tap init, so it could clearly mean that this current is liquidity πŸŒβ€β™‚ I expect to see price stophunting this current high in the future ..
This current move could continue selling without even coming to take out that high ... Algorithmic engineering liquidity can take very long or in short time to come back to its recreated area ...
The Algorithm trader 🏌
I expect another fall that should take out that major 4h low ... Around 1.18000 level ..
Going as planned ... I am still expecting another 250pips taking out this low as the banks take profit level .... Another 550pips into this imbalance
The Algorithm trader 🏌
Liquidity could be in form of highs and lows .. and also , do always take note of imbalances during news ... πŸŒβ€β™‚
Almost 300pips gotten once the news was released ... Just as said .... There are absolute reasons to every move in the market place .... The best way to success is knowing the reasons to every move you see in the market place , study them , because algorithm is not human , it was programmed , so it would continuously show reasons before any move ,