AlkalineFX

AlkalineFX

We are seeing new highs we haven't seen since 2018, this is an updated idea to my 'related idea' below. Liquidity has now been targetted and we can begin to switch market direction as illustrated.

AlkalineFX

I am expecting a slight retracement to lure more sellers into the market before we see continuation into the prior highs. The sentiment is heavy selling this pair so I will continue to buy.

AlkalineFX

The pound strength we have seen over the past two weeks has been phenomenal but whatever goes up must come down. I would like to see a slight push above this minor resistance before we collapse to the downside. The sentiment is heavy selling so we can expect some manipulation before we begin to drop.

AlkalineFX

I expect the DXY to die for the majority of the London session then proceed to reverse at the New York open.

AlkalineFX

We have hit the 4-hour ATR level alongside an order block, I would expect at least a minor reversal here.

AlkalineFX

I am monitoring this pair in anticipation of a reversal from one of the two 'bounce zones' marked. 63% Short according to Sentiment - Let's continue fighting retail.

AlkalineFX

This range has buy & sell side liquidity that needs to be tackled. Ideally, I want to see a strong push above the consolidation into the order block marked before a reversal to the downside, as illustrated.

AlkalineFX

Ideally, we want a strong wick down into the structure/order block before upside continuation. I will be placing a buy limit around the region marked. The sentiment is 50/50 on the direction of this market so we need to play it by ear. COT - Institutions are fixated on a sell bias and have their sell positions loaded.

AlkalineFX

I would like to see a strong wick wipe out this minor support so we can bounce from the significant structure to the upside. The buy limit has been set, now we must sit on our hands.

AlkalineFX

"Buy when everyone else is selling and hold until everyone else is buying. This bearish trend must come to an end at some point, I am going to use a lower timeframe order block to position my buy limit in hopes of upside momentum. Sentiment Data - 60% Selling

AlkalineFX

Self-explanatory.

AlkalineFX

The king of manipulation is back pushing to the upside trying to fight its bearish sentiment. This won't last long in my view, I believe this is simply a lure for buyers before we see downside continuation into the target marked.

AlkalineFX

I don't think this pair is ready to shift into bearish structure, the DXY is giving me signs of bearish continuation and for that reason, I want to continue buying at the bounce points.

AlkalineFX

I would like to see continued upside after we bounce from the key structure and trendline, more liquidity is sitting above those highs and that is what I will be targeting. COT Data - Insistutions have increased their long positions significantly (+5,347)

AlkalineFX

This pair needs to attempt to make a reversal just below the previous low at the daily ATR level. I have illustrated what I think will happen.

AlkalineFX

Horrible ranging movements this week, let's wipe the buyers from the market and hunt the highs. Sentiment data - 53% Short

AlkalineFX

Expecting AUDCHF to bounce from its daily ATR high points and reverse at the prior order block marked. If we see signs of rejection we can sell it down aggressively as illustrated.

AlkalineFX

I believe EURJPY will attempt to break out of this ascending channel with little success. Once the lower time frame order block is reached, the bullish correction will be introduced and a channel re-entry is likely. Sentiment Data - 52% Short