The Algorithm trader π
Reason for trade , There are 2 imbalance spotted here .. whenever u spot such , the one lower is either used to create liquidity for the one higher or it could be broken for the one higher .. so i feel the first imbalance could be used to engineer liquidityβ¦
The first one invalidated, luckily , we were out on partials
The Algorithm trader π
5m stophunted the previous high ...
20pips take partials now .. 10%
The Algorithm trader π
Looking at a breaker block reaction ...
35pips ... Take partials now ... 35pips is q good money β€οΈ
The Algorithm trader π
Zoom out to see it clearly, we are in an algorithmic alert phase , BTC could break aggressively to the downside after there is a successful reaction spotted inside that imbalance , but if it is broken , we could aim for that high ... Learn ... Take partialβ¦
Now, can we look to the downside ?
A total of 80pips gotten today .. do well to take partials and be comfortable as you learn
The Algorithm trader π
Imbalance rejection ?
Instant 20pips drop ... A good place to take partials
The Algorithm trader π
Looking at a breaker block reaction ...
70pips bagged , do well to take partials if u took this trade ...
The Algorithm trader π
Possible reaction .. might not be a rejection
Reaction of 70pips spotted. U can close for the day boys πββ