AlkalineFX

AlkalineFX

We are trading in and around the key psychological level of 142, I would like to see one last bullish attempt to the upside before we see a significant GBP selloff. Sentiment Data - 64% Short

AlkalineFX

Buyside liquidity has now been purged, I am waiting to see a strong move to the upside followed by a dump to the lower trend-line of the ascending channel.

AlkalineFX

USDCAD has a nice potential to go long after it lures buyers in here. Ideally, I want to see a push down into the marked structure box before upside continuation.

AlkalineFX

After catching that phenomenal long position on GU, I would now like to sell this move down after the resistance stop is complete.

AlkalineFX

I am hoping to dump out of this small range we are in to wipe both buy/sell side liquidity for an upside move.

AlkalineFX

I would like to see a rejection from this zone I have marked out before continued upside, I will be monitoring this pair closely today. I do believe we could see a sweep of the support before it scoops to the upside.

AlkalineFX

This zone looks promising to short from, I will be looking for one more swoop up and signs of rejection before I aggressively trade this to the downside.

AlkalineFX

Price has now broken out of the respected ascending channel, I expect a slight drop for buy orders to get activated, then we can expect some more bullish continuation.

AlkalineFX

I am expecting a significant sell off on this pair to purge the equal lows. Once the liquidity has been grabbed and we begin to see new signs of bullish structure, I would like to trade this into the target marked.

AlkalineFX

I am expecting a strong rejection/bounce from this order block for upside continuation into the highs.

AlkalineFX

The lack of London open volume is concerning me, I want to see one more dip before I look to buy. I am still fighting the Sentiment and COT data.

AlkalineFX

I want to see how this pair rejects this minor timeframe order block before I consider a buy position. If it continue to reject nicely I will look to target the prior high as illustrated.

AlkalineFX

I am done fighting AUD because it refuses to die, It is time to join the trend at the order points marked.

AlkalineFX

I am looking for a liquidity purge of sellers as illustrated before we see continued downside.

AlkalineFX

What an impressive sell off on XAUUSD. Investors will now be buying the dip aggressively, don't fall into that trap, sell the retracement and buy the dip lower at the bounce line marked.

AlkalineFX

This pair has not been moving smoothly recently due to DXY confusion. I would expect bearish momentum before the bulls decide to get a hold of this pair and drive it to the moon as illustrated.

AlkalineFX

It will be interesting to see if NZDJPY can hold between this zone for continued upside. It has now wiped the majority of buying so there is potential for another strong upside move.

AlkalineFX

This looked like a fantastic sell setup to end last week, however, the more I analyse it, the more I see potential for once last push up before the downfall into the key level marked.