We had a huge GBP pump as expected alongside the data release. Sellers had taken over the sentiment and it was time for banks to wipe out the majority of selling. I still think the price will get pushed above the previous highs before another dip down. Several long positions have now been closed introducing sellers into the market, let’s continue to target the...
We have an order block below the previous support on Silver (XAGUSD) The support marked has been hunted with a wick once, let’s see if we can get a second manipulation followed by a bounce to the upside.
I predict the price will be bouncing from the two zones marked to the upside, let's see what happens. 58% Short Sentiment
GBP is on a massive bull run that defies all logic but you can't fight the market, it is bigger than you, follow the trend and profit. I would like to see a significant pullback into the zone marked before more upside continuation.
After a long time of back and forth movement, I would like to think this pair is ready to cover some downside. If you pay attention you will see that the strong resistance has been purged a number of times suggesting banks have enough liquidity to create a strong move.
I would like to think that the resistance has been wicked into enough for it to plummet from here. I want to see a slight pullback into the previous structure before bears take control.
XAUUSD is aggressive and for that reason, I don't think price will continue bearish without a fight. I would like to see a final push up gathering the majority of selling liquidity before we see a significant drop into the key psychological level of 1800.
The Alkaline Team took a trade-off the 4-hour order block after the support breakout, which landed us in smooth profits. We would like to see one final push up to target the liquidity above the resistance, let's see how things go at market open.
Now that the neckline liquidity has been purged we can look to trade the true move to the downside if we manage to get a clean structure crossover as illustrated. COT Data - 56.4% Short
If we have successfully wiped out the support, we can expect an aggressive move to the upside, let's see how things open on Sunday night.
The main structure has been manipulated with, I will be selling this pair aggressively if we manage to get a clean cross-over.
I am left rather confused about this pair in regards to direction. I would like to think the massive sell-off stopped out the majority of support buying but there is always a possibility that price may come down again to tackle the previous low marked. I am more bearish bias than long but I have marked out both targets for those who are interested.
I would like to see a small retracement into the significant box marked before continued upside into the target levels. I will be attempting to fade the downtrend.
XRP has some upside ground to cover before it creates the next downside dump. I would like to see a push into the prior order block highs before continuation into the level marked, as illustrated. I assume the majority of people would be selling from this break and retest at the current price but I'm sure the market will do some manipulating before the true...
After this pair performed a strong stop hunt it has covered nothing but upside, I would now like to see this bullish run come to an end and reverse. 72% Long - Sentiment
I would like to see a final push on GBPCAD to wipe out the previous highs. I will wait for a pullback into the zone marked before I consider my buy position.
I want to see pullbacks into my bounce zones before bullish continuation into the prior highs. Keep it simple no need to over complicate things.
This pair has the potential to bounce aggressively from the points marked to the upside, keep this one on your watchlist.