Here I show you 3 out of the 4 interbank algorithm price deliveries.
All markets start in a consolidation. The markets are building up orders to soon take off in the direction of the most orders (Buy orders/Sell orders).
After consolidation markets will gear up for expansion.
After expansion the market can do three things, consolidate retrace back to where it originally came from or go into a reversal pattern.
Here we see mainly 3 out of the 4 shown by price action.
Study this as this is the building blocks to forex and any traded market you decide to enter.