AlkalineFX

AlkalineFX

I think this trade will work well with the slow-paced markets today. We should see a steady decline in this pair after the non-stop bullish run. I only want to fade this move back to the previous structure before going long again. Do you like this trade?

AlkalineFX

The wick caused sellers to take a hit, now we must make the buyers suffer. Price will consolidate in this region to confuse the market before crashing to the support to liquidate buyers. You could scale in sells if you feel comfortable. Do you like this setup?

AlkalineFX

Bulls have had their fun, it's time for sellers to dominate. I would like to see some manipulation around this liquidity area before we die off back to the support zone. If the price pushes past the nearby order block, I am not interested in selling this. Do you like this idea?

AlkalineFX

We finally broke out of the ascending structure after non-stop liquidity grabbing. Hopefully, the price has captured enough buyers and sellers to make the next solid move either way. My bias is bearish, I would like to see a slight retracement before continuing into the previous low as illustrated. What do you think of this chart?

AlkalineFX

Price needs to collapses even further on this pair to mitigate some of the bullish damage it created whilst gathering more liquidity. We have now broken away from the support as expected, the next target region is the equal low points. When this area is purged we can consider buys but until then this is a sellers domain. Let me know what you think in the comments?

AlkalineFX

This is an illustration of the two potential trading scenarios that may present themselves in this region. Option 1 Price fails here after wiping two previous high liquidity points and comes back to mitigate buyers before rising again. Option 2 Price pushes higher to regain liquidity from some long term sellers before continuing bearish down to the...

AlkalineFX

This is a brief update on my previous GBPJPY analysis. Last week was extremely bullish for XXXJPY and many think the trend has to come to an end. What many fail to observe are the nearby equal highs that need to be taken out. I have illustrated what you can expect over the coming weeks. Does this analysis match yours?

AlkalineFX

From a money distribution perspective, this pair is ready to tackle the previous high. The informative breakout should help you understand why buyers have regained control. Expect slight retracements and some corrective price action before we see the next impulse to the upside. What do you think of this move?

AlkalineFX

The liquidity sweep from my previous idea has now been completed. Sellers should be entering prematurely again here, we are likely to see pushes into 1845 before we see some serious collapses. My bearish goal is the trapped liquidity from the trendline breakout. What do you think of this idea?

AlkalineFX

Break and re-test created key structure acting as support. However, this level left a zone of equal lows that is likely to get tackled at some point in the near future. I expect significant retracements if we can hold below this last high created. I have annotated the chart with my predictions. Let me know what you think in the comments.

AlkalineFX

I have presented a gorgeous idea here on BTCUSD utilising money distribution concepts. Once we have crossed the minor resistance and purged liquidity, I expect minor retracements to the downside. I only want to fade a small amount on this move as the general trend is bullish for now. What do you guys think?

AlkalineFX

This chart should give you a clear picture of the money distribution that needs to occur before we see the next strong move. I think NFP will push the price past this wick before collapsing. NZD has been a beast in the markets, New Zealand is facing increasing pressure from COVID issues but the price continues to rise. Classic manipulation but it must come to...

AlkalineFX

Sometimes we can get so caught up in the fear of missing out on the breakout that we forget it could be a trap. It is always crucial to listen to your intuition when you see these easy setups because more often than not they are more complex than they seem. In this example, a breakout occurred and buyers put stops below the last structure, a few days later this...

AlkalineFX

Wow! What a gorgeous setup! Break and re-test sellers are out of the way, which leaves the area of demand marked to be tapped. Once we see rejection from this zone bears should take control and drive the price down. NFP should help us massively! I will keep you all updated, what do you think?

AlkalineFX

What a machine AUD has been this week! Blasted through every obstacle. But good things must come to an end especially with NFP round the corner. I would expect one last push up to fill some minor imbalance before we drop off once again to the downside. Do you agree?

AlkalineFX

Sellers have had a clean run down with very simple breakout retail patterns, have the banks made it too easy for them? Or will they return to capture some of that fine liquidity? I believe we will see one last push down before we tread up aggressively for NFP. Let me know what you think in the comments below.

AlkalineFX

This pair is ready to fall out of the sky if you look at it from a money distribution perspective. I assume the last run of liquidity was to capture orders from the demand area, now we have collected them, we can collapse to the downside. I will be looking for slight pullbacks before I get involved in shorts. What are your thoughts on this analysis, comment below.

AlkalineFX

Could we begin to see a slight retracement to this bullish week? Price have trended to the upside non stop with no signs of sellers until today. Sellers began to enter after we swept the liquidity from the equal highs to the left. I think it's time for a retracement before we continue strongly bullish for NFP on Friday. What are your thoughts? Let me know in...