Let's start our analysis with AUDUSD:
By studying my chart, you will notice that price has not yet reached an area of strong supply or demand, it is simply trading around an imaginary trendline.
Sentiment shows us that 66% of traders are long and the day has started bullish. Could this be an early invitation for buyers to start the week? When traders open their...
This pair swept the monthly low and engaged the interest of buyers with the strong bullish candle close.
If you look at the daily time frame you will notice we also had a shift in market structure to once again lure in buyers.
Buyers now have two strong confirmations that price could reverse BUT they will take no notice of the vast liquidity that is building up...
With price fast approaching the monthly low we can expect buyers to begin joining the market looking for support. This can be confirmed by the sentiment data showing that 82% of retail traders are long.
This figure is huge! If we understand that 90% of traders are wrong and 82% of the market is stacking buys, we can use this valuable data to bet against...
Gold is creating a huge liquidity trap for buyers using this current zone as support.
We may have some relief from the support but this will only be a trap to lure more buyers in.
It is highly likely that the buy side liquidity is going to be swept before market maker buyers intervene and push price back into the highs.
🚀Thanks for your BOOSTS and...
'It looks like buyers are making a play and solidifying that break above 140.00. There is plenty of upside room to roam for the pair with the next key resistance region being closer to the psychological level near 145.00. As much as Japanese officials are trying to jawbone to slow down the pace of the yen decline, it is nothing more than a speed bump still at this...
Don't underestimate the dollar strength, although we are trading at a key supply level, take note of the price delivery and equal high liquidity to the left.
We could either push up aggressively from here or see a lure trap before hunting liquidity.
Either way, my bias is set on buys.
🚀Thanks for your BOOSTS and support🚀
💬Send your comments and questions...
Price has been delivered to the supply with a compression format, which leads me to believe the zone will not hold.
When we see compression delivery, we tend to see a liquidity grab of the area before sells or complete disregard for the zone.
I will be avoiding sells until dollar bulls calm down and liquidity from the order block is taken.
57% of traders are...
From a swing trader perspective, price is currently in no man's land. ⚠️
I would advise not looking for long-term swing opportunities until the price has either:
1 ) Swept liquidity from the un-mitigated supply and last swing high. (Sell Opportunity)
2) Swept liquidity from the mayor monthly order block low. (Buy Opportunity)
With the majority of the...
Alkaline is back baby! 💣
As smart money concepts gain popularity, liquidity increases.
I have taken a month away from trading to study the new forms of market manipulation and have been pleasantly surprised by what I have found.
Here is my discovery:
1) The market is currently focusing on taking liquidity from breakeven positions over fixed stop losses.
I am set on a bullish EU! The range swept the liquidity to the downside but is yet to take liquidity from the high.
When we see this stop hunt it may continue all the way up into the major supply right above this current area.
Me and the team will be attempting to locate a buy later today.
I am wishing you all a profitable week ahead!
Sellers have officially been trapped! It now looks like price is pushing up to sweep their liquidity.
Will the liquidity sweep result in the true sell move to follow OR will we see bullish continuation from here?
Let me know your thoughts by voting below.
The main support is luring a HUGE amount of buyers into the market. They feel safe that this is the reversal point because historically it has good structure, I beg to differ.
The last few months have shown us that every bull attempt has gotten absorbed, what makes it different this time?
Since price was delivered to the support with compression, I believe we...
Gold is a mess but it certainly is creating a lot of liquidity on both the buy and sell side. The range leaves us with uncertainty but we can try and make sense of what is going in.
I would like to locate a short to sweep the buyer liquidity BUT I am concerned because the majority of the market has the same idea according to the sentiment.
If price pulls back to...
The more touches at supply made the zone weak, it had to be liquidated at some point.
Now that we have successfully liquidated the supply sellers with compression delivery, we may see a continued sell-off.
I will be locating a sell with my team later in the day depending on the rejection.
Buyers are taking a real beating, they keep buying but the dollar keeps pumping.
At some point the market will need to give them a sign of relief.
Since we have swept the liquidity below this zone and tapped into a mayor order block, we may begin to see slight relief here.
Don't think that a bullish candle means a reversal! This is what they will want you...
Price is compressing at a mayor supply which is never a good sign for sellers. We may see a sell lure but ultimately, I believe price will push to the upside in order to liquidate minor resistance seller's.
we will be executing buys with my team shortly.
The key structural support level around 0.70000 gave buyers a great base to buy from.
Then another round of buyers entered once the mayor trend line had been broken.
However, because of the larger amount of buyer liquidity, banks had to intervene and drive price down to stop all buyers out of the market.
Buyers now believe they were wrong about buys and are...
After successfully predicting the collapse to complete compression, we are now faced with a weak order block again.
The rejection is poor and the lack of volume is likely attracting many buyers to trap.
I would like to see a lure, followed by a total collapse to wipe the order block zone.
I will keep you updated.