The Algorithm trader 🏌
Algorithm could reach for this imbalance before taking out the high ...
15m
Xauu
Stopped early sellers ,
Trapped buyers
Fetched bearish rentry , would want to see price fall into the bullish daily imbalance
Xauu
Stopped early sellers ,
Trapped buyers
Fetched bearish rentry , would want to see price fall into the bullish daily imbalance
The Algorithm trader 🏌
Narrative playing out 🤽♂
Price has run 1140pips after narrative was given 🏌♂
The Algorithm trader 🏌
Bullish outlook on xauu , possible rentry 🏌♂
First take profit met , 1140pips narrative met 🏌♂
The Algorithm trader 🏌
Minor structure shift spotted , algorithm should aim for its minor structure rentry , and aim for this major high, Would be watching these levels for rentry 🏌♂
Poi1 has hit its 910pips take profit one target
The Algorithm trader 🏌
This has also hit its 800pips take profit two target 🏌♂
Its take profit two target 🏌♂
Any fall that happens on gold would send gold down to 2050 ... note this down ..🏌♂
The Algorithm trader 🏌
Possible outlook
First minor structure shift spotted would be watching algorithm come mitigate this bullish irb and propel higher 🏌♂
The Algorithm trader 🏌
First minor structure shift spotted would be watching algorithm come mitigate this bullish irb and propel higher 🏌♂
Sellers taken , one sell towards bullish retry
There are four types of structure in this market ,
Major structure
Minor structure
Major minor structure
Minor Major structure..
And they all work hand in hand in price delivery ❤️⛹♂
Major structure
Minor structure
Major minor structure
Minor Major structure..
And they all work hand in hand in price delivery ❤️⛹♂
The Algorithm trader 🏌
Lets eat structure by structure ...
This current move should take out this high first to maintain a bullish structure 🏌♂ before considering the 4h level for a bullish rentry