AlkalineFX

AlkalineFX

With FOMC fast approaching we should prepare for the possibility of a strong retrace back into the equals highs that haven't been tackled yet. I will be looking for buys with a tight stop with the Alkaline team once we clear the remaining liquidity under the most recent low. What do you think of this idea? Please, support this post with a like and comment!

AlkalineFX Updated 

Please refer to my related idea to get a better understanding of the long term vision for this pair. I would love to buy this pair here but I am fearful that retail is buying heavily here leaving this area open to manipulation. I think it would be sensible to wait for a deeper retracement before we buy up into our target area. What do you think of this setup? ...

AlkalineFX Updated 

ATH's created after wiping the previous high point, sells are now likely because of profit-taking from buyers. To see continued sells I would like to see a deep retracement and rejections so I can get involved. What are your thoughts on this analysis? Please, support this post with like and comment!

AlkalineFX Updated 

DOT has really caught my attention over the last few days. It seems like price wants to return to mitigate the sellers from the head and shoulders breakout. Once we eliminate these sellers, liquidity will be created and we could potentially sell DOTUSD all the way down into the equal lows. What do you think of this analysis? Please, support this post with a...

AlkalineFX Updated 

We would look for retracements into the 70% level before we begin selling the move down. For sells to become valid for us we need to see the 1804/5 level tapped and rejected. Once this is complete we can short. Do you agree?

AlkalineFX

The bullish run has purged the previous high, this should now create enough liquidity for a shift in direction. I would like to see a collapse from the AUD over the next few days with the assistance of the RBA. Do you think this setup is feasible?

AlkalineFX

What a year for SPX, this was by far the most incredible bull run I have witnessed. The bull run can continue however I would like to see a correction in the price for discounts to buy. Now that the majority of sellers have been taken out of the market, it could be time to start seeing those retracements in price as illustrated. What is your view? Don't forget...

AlkalineFX

The time has to come shortly when AUD stops demolishing the market. Now that we have eradicated buyers out of the scene, banks may want to drive price up with the newly available liquidity. What are your thoughts on this analysis?

AlkalineFX

Buyers have been led to slaughter in this breakout trap! We are so close to the weekly low a breakaway from here seems unlikely. Price is likely to collapse from here and tackle all the stop losses from people who got caught in the breakout buys trap today. Once stops have been hunted and liquidity has been created we can swoop in with buys as illustrated. ...

AlkalineFX

This pair is utilising the previous supportive region as new resistance, price seems to be stuck. The indecision is creating buying and selling pressure in the consolidation zone. Personally, I would like to see a sell from here to lure more shorts into the market before we bounce at the low for long term buys to break the key structure. Please, support this...

AlkalineFX

This pair just took out the previous high as well as the weekly high! Could it be time for some retracements? If we manage to hold around this level without pushing higher, I would like to sell all the way down into the weekly equal lows. What are your thoughts on this analysis? Please, support this post with a like and comment!

AlkalineFX

Typical retail patterns such as the flag breakouts seem to become more and more manipulated in this day and age. I am fearful that this breakout could be a fake one to lure more buyers into the market. Ideally, I would like to see deeper retracements before I load up buys on this stock. What do you think of this idea? Please, support this post with a like and...

AlkalineFX

The dollar has been on a mission, which has shocked a lot of investors considering the FED keeps printing money! When will this strange rally end? Could it be here? I would love to see a slight pullback with signs of rejection before we sell off a wipe out a good chunk of buyers.

AlkalineFX

Looking at the weekly chart you can clearly see that we had a fluid break away from the head and shoulders pattern but we never came back to mitigate price at the equal highs created. We have now wiped the low to the left, could this be the catalyst to see some bullish pressure to capture stop losses? I think it could well be! What do you guys think? Let me...

AlkalineFX

It is easy to get confused with overflowing information about market structure in the trading world. To simplify things we have come up with a way of analysing market structure simply by marking each high or low. In this particular example, you can see that higher lows were being created all the way down the bearish trend, so we knew that it was a seller's...

AlkalineFX

SOL continues to push aggressively into the previous highs. Buying at an ATH is a big no for any investor. We would like to see significant discounts in price before we load up our long term buy positions. Once we clear the ATH, we will look for sells on a structural shift. We will sell down until the perfect buy zone appears.

AlkalineFX

Many would assume price is gearing up for the next leg down, however, I believe price has actually taken liquidity from the buyers of support so It could be ready for its next impulse upwards before continued sells. What are your thoughts on this chart work? Are you bearish from here or bullish from here? Please, support this post with a like and comment!

AlkalineFX

Here is my comprehensive breakdown of why bulls should re-enter the market. We need a retracement to tackle some of the stop losses that are present from the head and shoulders pattern break out. Once this is out of the way we can continue to trade the trend downwards. We can buy into our sells for better profits. Please, support this post with a like and comment!