AlkalineFX

AlkalineFX

This range has been a cycle of buyer and seller liquidity sweeps. More sweeps equal more fuel for the next leg out. I can't be sure the leg will be to the downside but my intuition tells me it will be. After the final liquidity sweep, I will be looking for sells in my sell zone.

AlkalineFX Updated 

I expect price to pierce the remaining liquidity with the news today. Understanding where price may flow is easy, finding a sell entry is the difficult part. I have marked an 'expected sell' zone but the reality is it could sell anywhere between now and the previous high. So for now I will just be observing and if intuition tells me to sell, I will. Good luck...

AlkalineFX

Price tapped the lowest point in history and started to push away from the zone creating a double-bottom formation. Double bottoms mean one thing, retail stops ESPECIALLY in an area of such high importance. I would like to see a sweep of seller liquidity around the order block before we return to sweep the herd of buyers. Again, no entries until I am...

AlkalineFX

After an aggressive sell-off, price has started to lure in buyers. This can be seen on the daily time frame with the recent buy inducement candles. Buyers being lured in means liquidity below the established low. I believe will price will flow to this low with the help of the news today. I am really not sure where the sell with take place so for now it's...

AlkalineFX

More than anything, this bias comes from intuition. Technicals alone do not support it. I would like to see price flow back into 101 not that it has aggressively sold off lured sellers and swept a good portion of buyers. We can watch it play out but I don't think it is the strongest setup.

AlkalineFX

After a huge bull run, we expect the price to mitigate both buyers and sellers to generate liquidity for the next move. I personally believe we will see a final sweep of sellers around my sell zone of interest before selling off aggressively to the downside to take out the remaining buyers. Once this move is complete, or something similar has occurred. I will...

AlkalineFX

For full transparency, I have no interest in touching this pair right now. Although it could sell off aggressively into the 1.05 region, it could also liquidate the 1.08 region before doing so. Yes, you can look to sell here but I would avoid it. I will be waiting for a sweep of these sides before I consider a trade. Personally, I believe price will flow to...

AlkalineFX

Price has formed significant equal lows near a key psychological level. I expect price to play buyers, lure them in while wiping out seller liquidity only to return to sweep again. If my theory is correct we should see pushes back up into the structure zone, followed by manipulation, then a rollover to the downside. I like the look of this and will keep my eye...

AlkalineFX

As per my previous analysis, I have started scaling sells into this pair. If my initial position fails, I will look to sell slightly higher as illustrated. I will keep you all updated as things progress.

AlkalineFX

Phase 1 has now been completed from my previous analysis. Price pierced the zone I wanted and pushed even lower to manipulate the order block. Now we have had liquidation from both sellers and buyers, the true move can enter the market. My gut tells me the true move is a buy but only the market knows.

AlkalineFX

This demand should be a springboard for buyers. Although I don't think the buy will go far, I think it will go far enough to lure in a large portion of the market before the huge liquidity zone sweep. Once buyers are screwed over, we can look at joining the market makers with the true buy position. Have a great trading week gang...

AlkalineFX

Intuition suggests price is likely to flow back up to the main weekly supply to clear out seller liquidity. How we will get to that zone is another story. I don't think we will push up to the zone from here. I believe price has lured buyers in after breaking the trendline marked. So price is likely to do some manipulation to clear breakout buyers before flowing...

AlkalineFX

Price has rejected, manipulated and trapped sellers multiple times from this supply, sweeping liquidity from the zone. The only liquidity left will be the stops trapped above the zone. I don't think we will penetrate these stops immediately. I believe price will compress into the demand and liquidate that zone aggressively before returning to purge sellers, as...

AlkalineFX

After rejecting the main supply and breaking out of a significant ascending trend line, I assume the majority of the market wants to take advantage of some short-term sells. I, however, will be attempting to buy into the seller's liquidity once we get an order block sweep from this demand. I have marked out the buy zone I will be entering from and my initial...

AlkalineFX Updated 

After 7 years of studying charts, you start to see obvious patterns that beginners miss. I know that the majority of the market is buying BTC now after the trend line breakout. The charts suggest it and so does the sentiment. So what will I be doing if the majority are buying, SELLING. I don't want to be greedy, I simply want to find an area to sell from in...

AlkalineFX Updated 

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...

AlkalineFX

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...

AlkalineFX

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...