When a present move is ongoing , algorithm "must" create the future rentry and when that future comes
Algorithm
1 trades towards the previous future rentry level created ,
2 uses the future rentry level to then create the future market
Circle and circle 🏌♂
Algorithm
1 trades towards the previous future rentry level created ,
2 uses the future rentry level to then create the future market
Circle and circle 🏌♂
The Algorithm trader 🏌
Price currently rejecting off the incomplete rejection block , we could face a bearish push to the downside ...
Currently falling 230pips ... two possible take profit levels 🏄♂
The Algorithm trader 🏌
Possible bearish reaction
Sniped , no drawdown , falling 180pips 🏄♂ 3 possible take profit levels 🏌♂
The Algorithm trader 🏌
Photo
Don't forget , I got the current fall on cadjpy from the exact beginning 🏌♂
As a trader , I only focus on
1 what the algorithm and banks are doing
2 the banks possible entry level
3 algorithmic environment of trade ....
Anything asides this , I do not involve myself 🏌♂
1 what the algorithm and banks are doing
2 the banks possible entry level
3 algorithmic environment of trade ....
Anything asides this , I do not involve myself 🏌♂
The Algorithm trader 🏌
Possible rentry, "should this low be taken " .. Its still very much early for a rentry to me , I would just sit this one out and see how the daily candle closes ... I am very very interested in seeing how the daily candle closes, very interested .. 🏌♂
Ohh well 🏌♂ quick 50pips , intraday take profit met 🏄♂
The Algorithm trader 🏌
Possibility , should the shaded box below breaks , this becomes invalidated... Price should be looking to fill up the previous banks effect
Principles of past present and future ... it is clear now that price intends to go fill up this previous banks effect "voids" another partials taken 🏄♂
The Algorithm trader 🏌
Possible outlook
Price could be looking to head towards testing the reason for the previous expansion
The Algorithm trader 🏌
Only if we see a close of this current weekly candle above the previous low ... Then I could think of a bullish buy relieve
First reaction gave 600pips ... Still seeing a bullish dxy 🏄♂ , should the confirmation I need to see on the daily prints, I would like to see dxy bull to 111.800🏌♂