The Algorithm trader ๐ŸŒ
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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 #ict power of 3 is one those powerful concepts in the day trading regime. The idea seeks to bring the narrative of the composite man holding price in a tight range prior to the open ;most of the time.
Releases it a bit to induce many participants into the wrong side of market ;manipulation and then creating one more opportunity dubbed the low risk entry which in most cases is framed around an OTE (premium and discount arrays ).
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.You just can't beat the person who won't give up๐Ÿ‘Œ
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#eurusd #dxy #gbpusd #xausudgold #xauusd #asianrange #newyork #newyorksession #london #chartpatterns #chartanalysis #charts #orderblock #ict #icttraders #smc #smartmoneyconcepts #forex #wallstreet #wallstreet #reels
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๐Ÿ‘1
Hereโ€™s a trade weโ€™ve been stalking in the telegram community since last week because weโ€™ve dropped into an area of discount on the monthly and weโ€™ve also got seasonality backing our narrative.
Finally today during London session weโ€™ve had all technicalities aligned and we pulled the trigger.

1. Price tapped into a daily order block on its high end and purged a level of sell-side next we had to revert into the dealing range.this is typical of the algorithmโ€ฆAs it seeks to balance all levels of inefficiency in price delivery .How do we know this? Bra cause the algorithm is the sole mover of price. You still doubt that? Ask yourself why the markets still book even on bank holidays.

2. Secondly we pay attention to our dealing range especially price levels below our equilibrium price within the dealing range . This was an interesting level for us as it lines up with the ;
True day mark
Consequent encroachment
Fvg
And more especially the energetic move that caused the displacement validating our bullish intent.
3. Entry was keyed off of the m5 and m3 levels targeting the Asian highs as the first level of profit taking .

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You just can't beat the person who won't give up๐Ÿ‘Œ
#eurusd #dxy #gbpusd #xausudgold #xauusd #asianrange #newyork #newyorksession #london #chartpatterns #chartanalysis #orderblock #ict #icttraders #smc #smartmoneyconcepts #forex #reels #intagood #pips #trading #bitcoin #potd #daytrader #priceaction #money #mmbm #mmsm #trending #profit
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