I repeat again ...
Pay attention to this months closing candle..
It would set the path for the direction of the market for months to come
Pay attention to this months closing candle..
It would set the path for the direction of the market for months to come
The Algorithm trader 🏌
Zooming in clearly , we can clearly see that the market is currently facing a rejection off the daily BB, since my expectation is price heading to fill up it's previous bank effect, i could easily say the BB is retracing price ,...
Price refused to get to my poi 🏌♂ suddenly found out it's reason on the 4htf , regardless, I would be looking at this shaded box for rentry
The Algorithm trader 🏌
So to the 30m , I would love to see how Algorithm reacts off this imbalance ,.. a break above this high invalidates this trade ...
After I was taken out of this trade , it starts to go my way 😂😂
The Algorithm trader 🏌
Anticipating something of this sort 🏌♂
Could price want to rebalance then bms ?
The Algorithm trader 🏌
4h posing a possible retracement .. let's watch how this plays out 🏌♂
Didn't play out , one key thing about trading is , if u don't see what u are trained to see, just observe and learn !
July's closing would be a very important sign in the financial world , . Be close attention ,study price , get what Algorithm is passing accross to you, . Get the information, use the information wisely, and ... Wait !
The Algorithm trader 🏌
Price currently rejecting without getting to the imbalance below , so I would see this as Algorithm wanting to induce early buyers ., I would want to see price get to this major poi, and also see how it reacts off it , ..
Price wicked my entry level , and gave me a perfect sell off as expected .... As also said earlier, the pink circled area was as said Algorithm inducing early buyers ... Very nice sell off ... Very nice 🏌♂
The Algorithm trader 🏌
The one hour time frame , seeing the daily , reaction , this entry level is of a low probability , as price could as well break this level easily, but seeing the sms that occured previously , and the current price movement, I expect to see a buy to sell program…
Buy sniped and running healthily , approaching take profit 1 with zero drawdown 🏌♂