AlkalineFX

AlkalineFX

This zone is going to give us the fuel to break through this trend line! I would love to see how price rejects this demand. Will we capture some seller liquidity?

AlkalineFX

I am looking for buys on EURUSD. We have footprint imbalance on the explosive candle this morning. If we can pull back into that minor demand and fill the imbalance, I will consider joining the buyers if they appear. This is the general idea of what I would like to see but we will work with what we are given. I never set orders. Good luck traders! 🏌️‍♂️

AlkalineFX

Why are order blocks formed? Order blocks are created when a breakout move doesn't go to plan. If banks get caught in a fake breakout move, they aren't going to sit and cry about it. They are going to push the price back up/down so that they can close out of their negative positions to join the correct side of the market. Stop using order blocks that have no...

AlkalineFX

It would be great to see this order block hold for sellers! If price can resist the temptation to push past the high, we may see a market shift. For me to consider sells, I need to see a break of structure and some rejection on the pullback.

AlkalineFX

Everybody is anticipating the breakout of this head and shoulders pattern. But with everyone anticipating the same things we could run into some stop hunt traps. I think we will get a breakout trap followed by a retracement into the main supply before downside continuation BUT anything can happen with these uncertain market conditions. Good luck traders! 🔥

AlkalineFX

Although this is not a pair I trade often, I have great interest in a swing sell if this most recent order block can hold and present the correct structure. I will keep you updated on this one, the risk to reward could be huge. Please view my related post below to get a better understanding of the overall picture on the higher timeframes.

AlkalineFX

I would like to join sellers around this supply/order block. If we can see a clear compression, liquidation and a shift in market structure on the lower timeframes, I will consider a scalp sell into the previous demand. We have a few things to be aware of today. The US markets are closed in observance of Presidents' Day today so we must take full advantage of...

AlkalineFX

Litecoin has been treading down for a long time. could It be time for bullish reversals at this major demand? We tested the demand once but it was insignificant, I would like to see a deeper push followed by a structure break so I can consider the shift to long term buys. The ideal entry area would be around 86, however, this is a higher risk entry. It would be...

AlkalineFX

We always knew selling was likely in this area (Please look at my related post below). I was unable to join the sellers at the top successfully because I was away from my screen. I will now wait for an impulse from the demand before I consider joining sellers from the order block that caused the break of structure. We must sit on our hands and be patient. Good...

AlkalineFX

What a boring week for GBPUSD. The price action within the range is suggesting price wants higher before we begin to see pullbacks to fill footprint imbalances. As soon as we clear liquidity from this equal high, I will look for sells in the supply region. Good luck traders! 🔥

AlkalineFX

Although the trend is now bullish, that doesn't mean we can't capitalise on some minor trend retracements. If we push into this minor OB within the supply and get a rejection, we may be able to get some lovely sells!

AlkalineFX

A range is being created within the supply zone. We are also creating equal high liquidity points of interest that are likely to be targeted before we continue to the downside. I have illustrated what I would like to see before I look for sells. Good luck traders! 🔥

AlkalineFX

I am expecting this supply to be the springboard that causes the bearish drop. I would like to see 1 more test of the supply region before I look for my sell. We must be cautious today because of the upcoming news. Safe trading team! Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬 🚨 RISK DISCLAIMER:...

AlkalineFX

The impulse breakout from the morning announcement has a bullish imbalance within it. As soon as the imbalance is filled on the footprint, we can proceed to buy into the trapped buyer zone. Updates to follow Alkalites! Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬 🚨 RISK DISCLAIMER: Trading Crypto,...

AlkalineFX

The Asian session wiped out all of the resistance sellers, they will be waking up sad this morning. Since I waited for the liquidity grab, I can now consider sells if we get a pullback into the imbalance/supply with signs of rejection. Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬 🚨 RISK DISCLAIMER:...

AlkalineFX

My analysis suggests a strong bearish drop. Will we begin to see bearish pressure from this zone or will it attack the supply I have marked? Whatever happens, I expect a strong sell-off in and around this area. Good luck traders! Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬 🚨 RISK DISCLAIMER: Trading...

AlkalineFX

Look at how beautiful this setup is. With the news volatility coming we may be able to get price into the supply/imbalance followed by rejection to the downside. I will set an alert and monitor price shortly, if price surpasses the invalidation line, I have no interest in this setup. Traders, if you have your own opinion about this idea, write in the comments...

AlkalineFX

FOMC Bullard could bring volatility into the gold markets especially with all the drama that is going on with Ukraine and Russia. If the price does wick with news, it is likely to target the demand zone with the order block before heading to the key level of 1900. Traders, if you have your own opinion about this idea, write in the comments section, I always...