I and the team have got involved in a buy from this significant order region marked, we are already seeing wick rejections and I expect continued upside if we manage to clear the box. We just need to sit tight now and wait for the market to do its thing. COT Data - 62% Short
I am extremely interested in buys on most XXXCAD pairs but USDCAD in particular. After analyzing the DXY I have a strong feeling that bullish pressure is imminent. I would like to see a pullback into the key area marked followed by significant rejection before I consider my buy position. We need to ensure we see signs of rejection because if we don't we could...
Scalp trade to finalize the day, let's get flying.
We managed to pull off an amazing stunt last week with that lovely wick entry on GJ, we are now looking for more potential buying opportunities. I have marked out a zone in which I think price will tap into before continuing to the upside, you may want to consider setting some orders at that region if it fits your analysis. GBP is proving to be very tough to...
I and the team have entered a buy position on EURJPY with an upside target around the region of 125.45. We have a key demand level marked out that we are beginning to see signs of reaction from, lets see if the EUR can pick up its speed and get back to the dominating bullish trend it was once on. COT Data - 61% Short IG Client Sentiment - 38% Long
Several people will be seeing wick rejections and start thinking this is it, lets buy immediately. The market knows better and will most likely come down to grab liquidity before moving off into our desired direction. I have marked a potential area of interest where you can look to buy, if we get a buy setup at all in these mad markets! Definitely a good pair to...
GBPCAD could really have a great deal of upside potential if we see continued respect of this ascending channel. Me and the team are currently involved in a long position that will most likely get closed out at breakeven if we dont start to see signs of bulls coming to the party. COT Data - 52% Short
Time for us to get our trading heads in gear, the Alkaline team got a great wick entry on this position from the order region. We are confident the price will continue to the downside and that TP will be achieved by the end of today. COT Data - 25% Short
I have a marked area of interest that I will be looking to buy from to my upside target. If we manage to see rejections from this region, I will consider a buy position. COT Data - 76% Short IG Client Sentiment - 68% Short
I would like to see a slight pullback to re-test the previous order block-level marked. The SL is protected by the daily ATR range and the TP is at a strong daily demand level. If we see price retrace slightly more I may consider setting a buy limit in hopes of getting a wick entry on this pair. The only thing that could be potentially detrimental to this idea is...
I would like to see silver fly to the upside after rejecting the previous key structure. I have placed a potential buy limit with ideal SL and TP positioning. COT Data - 69% Long
I am heavily inclined on DXY death and for that reason, I have a bullish outlook on GOLD, although the majority of retail sees sells. I will be looking to buy XAUUSD on Monday if we stay trading in and around the current price zone. I have marked out my buy target with a potential SL and TP you can use. COT Data - 54% Long
We saw an impulsive breakout of the consolidation phase and are now are witnessing a pullback. The significant trend line is being re-tested and it looks like we as seeing signs of rejection which could indicate a continuation of the bearish movement. I have marked my bearish targets I am interested in. COT Data - 53% Long
#EURUSD Analysis⚡️ - From a technical perspective, many would assume this pair is now ready to fly to the downside after breaking the ascending channel it was caught in. After analyzing the DXY, a major factor in the movement of this pair. My opinion is that we will potentially see a break back within the channel with room for more upside. My bias remains bearish...
The Alkaline team got involved in this trade early with a lovely wick entry, we expect much more upside and are considering placing another buy position at this region now.
Depending on the 4-hour closure, I may look to get involved in short term sells before NFP decides to shake up the place.