The Algorithm trader
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@purealgorithm
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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
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548 subscribers
The Algorithm trader
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1
The Algorithm trader
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Should the current price close below this low , we are confirmed bearish on gold , I would be watching out for bearish reaction off this zone
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The Algorithm trader
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The Algorithm trader
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"Should" this daily candle close below this previous high, I expect price to take out the low that" carried price to take out the previous high "
Hmmm
The Algorithm trader
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The Algorithm trader
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"Should" this daily candle close below this previous high, I expect price to take out the low that" carried price to take out the previous high "
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The Algorithm trader
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My idea
The Algorithm trader
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The Algorithm trader
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Possible scenario
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Still holding
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The Algorithm trader
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News
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The Algorithm trader
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All open trades closed for the week , off for some vacation
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done for the week
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. Let's have fun as we prepare for next week
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The Algorithm trader
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We move Monday
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The Algorithm trader
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Should price close below this high, then I would be watching for bearish intentions
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The Algorithm trader
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Should price close below ...
The Algorithm trader
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Possible outlook
The Algorithm trader
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Study
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The Algorithm trader
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It is the daily timeframe
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The Algorithm trader
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Watching here for a possible reaction
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The Algorithm trader
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Two possible bearish rentry levels
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The Algorithm trader
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The Algorithm trader
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Would be watching for a possible bearish reaction off this level
The Algorithm trader
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Possible bullish continuation
The Algorithm trader
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Two possible rentry levels ...