AlkalineFX

AlkalineFX

Lots of tension is building around this support region, which indicates to me a potential stop hunt. I would like to see a swoop below support into the order block region before upside continuation into my target level. COT & Sentiment is pointing to the downside so I will be trading to the upside.

AlkalineFX

This pair trapped sellers with a fake breakout and has now been moving to the upside ever since. I would like to see a swoop below the respected structure before buying continuation, to tackle the the liquidity at the prior highs.

AlkalineFX

We have now exited the ascending channel that was being respect, I would like to see a swoop back to collect liquidity before we see an aggressive sell off. Sentiment is pointing to the downside, which makes this a prime opportunity for banks to manipulate. COT Data - 40.7% Short ( More Sells Added )

AlkalineFX

I think we have a good chance of driving the price higher on GBPJPY, I feel like the banks need to tackle the liquidity above the highs before the can consider dumping the pair. I have illustrated the previous manipulations and drawn out a potential trail for price to follow. Let's see how things progress.

AlkalineFX

At this current area in the market, lots of break and re-test buying would be introduced. I would like to see a deeper pullback into the lower structure before we see the bullish continuation.

AlkalineFX

This pair is perfect for analyzing. You will notice the previous structure got attacked and GBPCHF was forced to create new double top highs. I still think this pair will follow the route of the ascending channel after bouncing from the horizontal line, we just need to give it time.

AlkalineFX

From a higher timeframe perspective, this pair has been travelling between a wide range. When the market creates ranges it also accumulates orders at supply and demand regions. I believe we may see a scoop below the previous support then a re-entry into the range, as illustrated.

AlkalineFX

This is a very simple break and re-test pattern. If the price manages to hold above the structure lines marked for a significant period of time, then I will consider a buy position. It is very early in the year so I would rather not get caught up in fixed biases yet.

AlkalineFX

This pair has now had its previous structure attacked twice, my members will know that I I like to call this double-tap manipulation. If we manage to cross back over the structure as illustrated, then we can consider a sell position, until then we must consider the posibility of continued upside.

AlkalineFX

Once again I will be looking to swoop the liquidity from the lows and fade a trade back into the previous structure.

AlkalineFX

I have marked with an arrow the time's prior support gets attacked before downside continuation, It seems to be a common pattern on the DXY. The USD is the most manipulated currency and for that reason, you need to tread carefully when trading or analyzing its close friend DXY. I have marked the last arrow with a question mark because I believe we may see a...

AlkalineFX

This pair has been horrible to trade, it is caught in a very ugly looking range that keeps teasing us with structure shifts. I won't be interested in trading this pair until we get a clear breakout or a scoop manipulation as illustrated. Until then we must sit on our hands and look for trades elsewhere. The majority of retail is buying USDCAD according to...

AlkalineFX

I would assume the majority of retail is fighting this trend in hopes that they will catch a big reversal and for that reason, I will continue to buy the dips with the market makers. I would like to see a significant pullback as illustrated before I look to stack up the buy positions.

AlkalineFX

The Brexit agreement created a lot of optimism for the pound which impacted the sentiment and introduced retail buyers into the market. If you pay close attention, you will notice that two sets of liquidity have now been purged, potentially giving the banks enough volume to create the next upside move. The first liquidity hunt was the push past resistance...

AlkalineFX

We could expect some upside here now that the structure zone has been purged. I wouldnt expect a huge bullish rally but enough to make a good earning.

AlkalineFX

This is a perfect example of 2-step manipulation which i explain to my members. We have 2 liquidity purges and I would now expect some downside momentum to kick in.

AlkalineFX

After price swooped up and did a stop loss hunt above prior resistance, price flew back and down and is now attempting to re-test the structure. If we manage to see continuous rejections from here, this could open up the possibility of a sell position. Sentiment - 53% buying

AlkalineFX

I would like to see CHFJPY take a slight battering to fulfil some orders before the strong bullish trend continues. I believe we still need to tackle the prior high before we see and signs of downside.