There are two types of market environment, and these two works hand in hand ... you MUST as a trader understand what environment of trade is algorithm creating the current market ....
Knowing this enables u as a trader to understand that any opposite move against the market environment, MUST be seen as a retracement to fetching the current market environment traders rentry 🏌♂
Knowing this enables u as a trader to understand that any opposite move against the market environment, MUST be seen as a retracement to fetching the current market environment traders rentry 🏌♂
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Meaning that if you see that a current market is in a bullish environment, any sells happening shouldn't be seen as the real move , it should be seen as algorithm retracing price to giving bullish rentries into the market ... . 🏌♂
Vice versa
Vice versa
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The Algorithm trader 🏌
Two possible bullish level i qm putting into consideration 🏌♂
Price currently reacting off poi2 ... let's see what the usd news have to offer, to me , I expect to see a massive push up to clearing out these shortterm sellside liquidity....
See that selling climax ? We COULD see some bullish run soon 🏌♂
See that selling climax ? We COULD see some bullish run soon 🏌♂
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The Algorithm trader 🏌
Price currently reacting off poi2 ... let's see what the usd news have to offer, to me , I expect to see a massive push up to clearing out these shortterm sellside liquidity.... See that selling climax ? We COULD see some bullish run soon 🏌♂
I am using timeframe relationship ... should the 30m show me willingness, then my take profit is totally valid .... till then 🏌♂
The Algorithm trader 🏌
Price currently reacting off poi2 ... let's see what the usd news have to offer, to me , I expect to see a massive push up to clearing out these shortterm sellside liquidity.... See that selling climax ? We COULD see some bullish run soon 🏌♂
This candle is the selling climax...
The Algorithm trader 🏌
Watching for bearish reactions ... 50pips and am out ..
50pips ... am out .. 🏌♂
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This week has been some bad week though .. its one if those , its inevitable, mistakes must happen .. I learnt from them, its a win win ❤️
The Algorithm trader 🏌
Two possible bearish reaction levels , ...
Watching out for possible bearish interest, ...
Algorithm coul use this medium to bear tomorrow to create the closing price of the weekly...
Algorithm coul use this medium to bear tomorrow to create the closing price of the weekly...
The Algorithm trader 🏌
Watching how price reacts off here for bearishness 🏌♂
Price broke its high, bullish intent seen ... watching these two levels for possible rentry into the shaded region above
The Algorithm trader 🏌
2 possible bearish rejection levels ...
Poi 1 , running 350pips 🏌♂ that low to be considered