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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The Algorithm trader 🏌
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Take profit 1 here ... I hope so .. seeing today is Thursday.. could it be that the judas swing on the weekly has been completed and its now time to buy ?
Now let's play with the retailers here
If usdcad one hour candle closes well above the previous black candle, its some bullish intent to look at ..
Remember all of this us happening inside the weekly order block 🏌‍♂
Hustle for this
I am look at this short term high 🏌‍♂
Once that high breaks we are bullish
Price previous ob broken ,
Two possible outlook , poi1 would be validated if price closes below these previous highs, should price close above , it would reach for poi2 and I would then watch for reactions ...
Algorithm looks like it caused a reversal pattern on the weekly timeframe, the banks have gotten the willingness to buy off the bullish weekly imbalance
Could this small black candle be a bullish order block ? Should current price break that previous black candle , we could see an expansion upwards