The Algorithm trader π
Once u see a reversal pattern. One thing should always come to mind, When a reversal pattern occur , algorithm usually aim for the origin of that move that went for reversal pattern
Forget the timeframe , be it 1m, 5m 15, 30, 1h , 4h, d , w, M , 3m 6m ! Its all the same πββ
The Algorithm trader π
A close below , fall ! A close above , bullishness maintained πββ
Take profit one πββ
The Algorithm trader π
Dont overlook the eql below , price currently reaction off a bullish ob ,looking at structure we should algorithmically aim for that high above. But look at the eql, algorithm could drive price into this imbalance then push of the eql ? Or possibly continuingβ¦
Would be looking as price creating a judas into this region, then watch for possible bullish reaction off this level
The Algorithm trader π
Relax, it will play out β€οΈ Sniped , zero drawdown and running 310pips β€οΈ Looking for a potential 2000pips take profit βΉβββΉββ
430pips amd counting, possible bullish reaction level ..