The Algorithm trader π
On the daily, it stophunted the previous highs into its bearish mitigation block .. look, we are still in a bearish market environment, previous low breaks is a significance for validating a bearish market environment... so that minor low is my take profitβ¦
First minor structure shift , after price took out the previous daily high , that should be seen as a clean bearish algorithmic alert to the banks for a possible bearish market formation πββ
3 take profit levels to be considered algorithmically, remember, this is the daily time frame ... massive profits!
I would now be focusing on algorithm validating that bearish imbalance, how do i do that ?
I go down to the 1h and 15m in search for algorithmic willingness such as
1 first shift of structure
2 consolidation,
3 reversal pattern..
Once either of this print on those timeframes, algorithmic has approved this level πββ
I would now be focusing on algorithm validating that bearish imbalance, how do i do that ?
I go down to the 1h and 15m in search for algorithmic willingness such as
1 first shift of structure
2 consolidation,
3 reversal pattern..
Once either of this print on those timeframes, algorithmic has approved this level πββ
The Algorithm trader π
Due to my educational charts I post daily , what percentage rate would u rate my performance
Well, I am glad this channel has been in one way or the other an educational one where I believe lots of us here are not only trading my setups but also learning... this poll actually means algorithm is a good trading style ,
90%, the max vote collected actually shows I deserve this !
90%, the max vote collected actually shows I deserve this !
Now let's watch for some long and short term move all together shall we ?
The Algorithm trader π
Would be expecting a possible bearish rejection block to reject proce to the bearish side ... two possible take profits to be considered πββ
4h minor structure shift, algorithm has alerted the banks for a shift of environment, but there are two things to be considered,
We have two rejection levels , we could see this first one as algorithm trying to engineer liquidity for the one above .... πββ so this new week could open as an instant sell to continue its engineering πββ
We have two rejection levels , we could see this first one as algorithm trying to engineer liquidity for the one above .... πββ so this new week could open as an instant sell to continue its engineering πββ