The Algorithm trader 🏌
This shaded box below, algorithm could either 1 use it to engineer liquidity 2 or be broken for the above level 🏌♂
170pips , 3 possible take profit level ,
Take profit 1 , reason for previous bullish reaction
Take profit 2 , 4h low according to timeframe relationship
Take profit 3 weekly low 🏌♂
Take profit 1 , reason for previous bullish reaction
Take profit 2 , 4h low according to timeframe relationship
Take profit 3 weekly low 🏌♂
The Algorithm trader 🏌
Price should create a judas into this shaded box and bearishly react off it ..
Did just that , created a judas swing inside the shaded box and its currently falling 270pips 🏌♂
The Algorithm trader 🏌
We shall see 🏌♂
Playing out 🏌♂ .. its the daily timeframe 🏄♂ falling 350pips
The Algorithm trader 🏌
Possible bearish continuation levels .. 🏄♂
Clean reaction off poi2 , possible rebtry
The Algorithm trader 🏌
Clean reaction off poi2 , possible rebtry
Sharp reaction 🏌♂ .. second position scalped ...
The Algorithm trader 🏌
Possible bearish outlook
Touch and running 250pips , possible outlook, would be looking at algorithm carrying price downwards to the reason for the previous bullish expansion 🏌♂
The Algorithm trader 🏌
As planned 🏌♂ two possible short-term take profit 🏌♂
Approaching take profit 1 🏌♂
The Algorithm trader 🏌
Watching for bearish reaction off this algorithmic sensitive level ... 🏌♂
Watching for smaller timeframe reaction 🏌♂