AlkalineFX

AlkalineFX

Other traders seem to think that price will become bearish on Gold, I disagree. This daily trendline is being respected but more touches of it only makes it weaker in my eyes. I think the push down from the trend line was nothing more than a liquidity grab for breakout buyers. Now that we have collected liquidity, we can proceed to the next key level at...

AlkalineFX

Good morning Alkalites! Hopefully, you all had a great Christmas with your families, it is now time to get back to work! I have put together some analysis for GBPUSD today, although the banks remain closed in the United Kingdom, this setup is ideal. Equal lows have been created at the Asian low just above the demand, leaving a liquidity gap open for...

AlkalineFX

Think of price like water, water always finds the gaps (Imbalance). The last major imbalance on the four-hour trend is marked, I expect price to come and revisit this out of balance zone before we see some buyers step in to target the weak resistance. Do you agree?

AlkalineFX

I am expecting a buyer reaction from these two major four-hour demands. It would be nice to see the move slow down at the first demand to lure buyers in early before manipulating. I have illustrated what I expect to happen. Safe trading this week team!

AlkalineFX

Support becomes weaker as we add touches to it, gold is showing signs that it wants to break below this support and tap into the major demand. I would like to see this liquidity grab AFTER we invite some more buyers and stop hunt the rest of the sellers. I think my illustration could have huge potential in combination with the news manipulation that is likely to...

AlkalineFX

Price is squeezing together between supply and demand, which side of the market is going to pop the bubble? Personally, I would like to see some upside but I am open to trade either way. We must not get caught up in a bias, be reactive, not predictive. Have a great trading week team, trade cautious around the news!

AlkalineFX

Price is getting ready to solve some imbalance from the big collapse before it returns to take out the buyer liquidity from the support. Do you support this idea?

AlkalineFX

Price is pushing into the hourly supply and it is slowing down. We may see some sellers try and break the bullish trend line that has been respected on the way up. I think a fake breakout to the downside will occur before we push up again after filling imbalances. What are your thoughts?

AlkalineFX

Price has been compressing ever since we saw the aggressive wick to mitigate imbalance. I would like to see how price manipulates buyers at equal lows before considering buys. Price could easily drop into the key demand before buyers take control of the market again. What are your thoughts on this analysis?

AlkalineFX

According to my volume source, price is likely to return to the downside to close negative sell positions. I would like to see how price reacts in the most recent supply zone before joining sellers. If you are considering sells from this supply please be aware of the imbalance just above it, price may want to close this zone out before bears enter. I will...

AlkalineFX

Support was created in demand luring in buyers early, now that stop losses have been taken we can look to buy. Once we see clear structure shifts on the lower time frames we can enter with the buyers up into 1900. What are your thoughts on this analysis?

AlkalineFX

Bullish pressure should slow down once we clear the trend line liquidity. EQH's have been wiped which means the next target should be the EQL's. Do you agree with my long term analysis?

AlkalineFX

This zone seems too obvious for sellers, I would like to get in once we see some manipulation of this region. Once we clear the high of the OB, I will look for LTF shifts for sell entries.

AlkalineFX

Last week was full of manipulation attempting to eliminate both buyers and sellers from the markets. The sentiment was attempting sells, you can see the lengths that market makers went to stop this from happening. Now that both SMC and retail have been liquidated we could see the true move to the downside. What do you think?

AlkalineFX

This week was tough! We saw trap after trap making it impossible to get a fluid move. Now that we have liquidated both the buyers and the sellers from this zone, we could see an impulsive breakaway. I will be looking to scale in buys positions below the line marked.

AlkalineFX

Price action suggests that price is slowing down from a seller perspective in this region. I would like to see some structural shifts indicating that bulls have grabbed hold of the market before I look to go long up into the imbalance. We need to mitigate the impulsive sell-off before we look to go short again.

AlkalineFX

It is crucial to understand the price action prior to a high impact news event. Analysing the range to the left beforehand can help you determine what move is likely to come next. In this example, we saw the price was driven down by the bears to stop out buyers, only to reverse immediately to the upside moments after the news had been released. By studying and...

AlkalineFX

Ideally, I would like to see a pullback into the zone that created the impulse before we look for shifts into longs. Once we clear the level marked we could look at fading the current bearish trend.