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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The Algorithm trader 🏌
Possible outlook ... its the daily timeframe I see it ...
With time , we shall see if I am right or wrong 🏄‍♂🏄‍♂
There are two things I would be looking at , now that the past market has reached its ,the future which becomes the present should move inline with everything created in the past... so looking at the past we can clearly see that ,
1 the banks effect which algorithm intends to fill,
2 the volume imbalance which is a good level for rejection , ... so right now XAUUSD is bearish till it gets to either of these levels drawn here🏄‍♂
If yall notice my trading style , majority of the educational analysis i give on this channel , runs hundreds of pips , if not thousands 🏄‍♂
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The Algorithm trader 🏌
3 possible bearish rejection levels ...
Rejection level 1 ... two possible bearish take profit levels
Should bitcoin respect this level , then a fall to 21400 is possible...
Two possible reaction levels ...
The Algorithm trader 🏌
Poi2 fetching 900pips .. 😌😌
I caught the current bullish usdjpy from the very beginning 🏄‍♂
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Would be looking forward to this low broken , then pay attention to this bearish poi ... 🏄‍♂
The Algorithm trader 🏌
The future market is being created...
First rentry level currently fetching 480pips blues 🏄‍♂🏄‍♂🏄‍♂ ... I "could" hit 2000pips the way i see this tho 🏌‍♂
It won't cost u a thing to vote ❤️❤️❤️
Now look at what the past did , it created bank effects , now what is the present market doing ?
It is moving to fill up the banks effect that was created in the past 🏄‍♂
The Algorithm trader 🏌
Now look at what the past did , it created bank effects , now what is the present market doing ? It is moving to fill up the banks effect that was created in the past 🏄‍♂
So once u do that with the monthly time frame , you would incline your mind to looking for only bullish rentries on the subordinate till price gets to this level ... 🏄‍♂