The Algorithm trader 🏌
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We focus mainly on what actually creates the market "algorithm"
Disclaimer ...!Every analysis sent to this channel are for "educational purposes" not for signals . should u be interested in understanding this algo,
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It takes 2 to 3 weeks for a monthly candle to form its judas swing ... so if we are bullish on the monthly , it means price should sell first for 2 to 3 weeks , then on the 3rd week starts till the closing of the monthly candle there would then be a massive buy ....
It takes 3 to 4 days for weekly judas swing to form , so if we are bullish on the weekly , it means that price should sell for 3 to 4 days , then on the 4th day till the closing of the weekly candle , we buy massively ..
It takes 8 to 14hours for the daily timeframe to form its judas swing , so if we are in a bullish environment, sells would start first for 8 to 14 hours .. then buys starts. ( this is where session trades come to play )
It takes 2 to 3hours for judas swing for the 4h to form its judas swing .. so if we are bullish on the 4h , a sell would happen for 2 to 3 hours before we experience a massive buy ....
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And so on and so forth
This month is a very crucial month. It would definitely set the direction of all pairs for the coming months ..
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Gbpcad could be looking forward to facing a bearish move to the downside ...
Price could be heading for a reversal pattern ... 🏌‍♂
The Algorithm trader 🏌
Possible ...
Playing out ... 🏌‍♂ daily major high on sight 🏌‍♂
Watching this level for a possible long term bearish rentry ...
The coming weeks would be really interesting 🏌‍♂
Possible view
Possible bullish rentry 🏌‍♂
Possible outlook, this becomes invalidated once price trades below this shaded box
Well this is my view on gold ...
The Algorithm trader 🏌
Watching here for a bearish reaction
Price is currently reacting 120pips off this level ... not a bad one for an intraday ?
Watching out for bearish reaction off this level ..
Study 🏌‍♂