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 ....
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 ....
π3π1
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 ....
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 ....
π4
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 !
The Algorithm trader π
Am expecting a reaction off here ... Look closely, we are still in a bearish environment,as we are still inside the previous major high, signifying bearing intention is not shifted , so liquidity which could have been seen as it's initial entry level wouldβ¦
With all what I just said , that was how I got this analysis right πββ
The Algorithm trader π
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 treatedβ¦
This would enable u to know where to set your take profit ... Every minor structure poi take profit should always be the origin of that move that carried price into its minor poi
The Algorithm trader π
Only if we see a close of this current weekly candle above the previous low ... Then I could think of a bullish buy relieve
Bullishness confirmed.. dxy looks certainly bullish
In everything u do , put God first ... Winning with God is the sweetest thing ever β€οΈ
π1
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 ...
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 πββ
The Algorithm trader π
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 areβ¦
This is for the current market move. It has nothing to do with my next analysis ...
That monthly imbalance, there is an algorithmic tap init, so it could clearly mean that this current is liquidity πββ 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 ...
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 π
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 areβ¦
That being said, I still am focusing on this too
The Algorithm trader π
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 π
Liquidity could be in form of highs and lows .. and also , do always take note of imbalances during news ... πββ
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 ,
Algorithm could open this new week been bearish due to this voids to your left, there could be a sharp run down to fill it up. .. here is a clean level to watch out for a potential sell rentry , because that minor high, broke that low to your left, so it looks significant enough for future bearish consideration πβββ€οΈ
β€2