AlkalineFX

AlkalineFX

When price gets delivered to a demand zone in a compression format, It usually means a liquidity grab is coming. Price could either fall through the demand zone aggressively OR gives buyers an initial lure before dying off as illustrated. Either way, this is a great pair to watch today! Let me know what you think in the comment section 💬

AlkalineFX

Although we have broken out of a major trendline we cannot deny the fact that the main trend is bullish. We may be luring in sellers here, only to bounce from the demand once the equal low liquidity has been cleared. I will be looking to scale into buys with the members once we break below this minor support. Until the main demand zone breaks, I have a bullish...

AlkalineFX

Price played with the key structural level to wipe out not only buyers but also sellers. Since we have liquidity from both sellers and buyers EXPECT a huge move! I will be joining whatever way price points, it doesn't matter if it's bearish or bullish. When volume kicks in this will fly, either way, I have no fixed bias. Let's do this! All entries will be...

AlkalineFX

The breakout of the trendline was very clearly a trap. Buyers are now panicking holding on to their last hope that price will reverse back to the upside. This is highly unlikely to happen. We are likely to see a strong sweep of the equal lows to liquidate remaining buyers before we see any signs of a reversal. I want to buy in for a long-term swing with the...

AlkalineFX

After a long period of time, the compression was completed and all the early buyers invited into the compression trap were liquidated. I will now be looking to join the true buys around a solid area of demand. We may bounce from here but I believe we are likely to push deeper into the initial demand before we see any reaction. As always, I will be monitoring...

AlkalineFX Updated 

I would like to see selling pressure this weekend back into the key round psychological number of 20K Before we see any sells, we will most likely lure buyers in at the breakout of this trendline and stop out existing sellers using the minor trendline for sells. When we see a breakout, then we can consider selling using the supply marked.

AlkalineFX

Wow, price has finally reached the weekly demand zone we have all been waiting for! Will we see immediate price reaction? OR Will we see a slow compression delivery to manipulate key level buyers before the true bullish move into the break and retest liquidity comes in? Vote BELOW!

AlkalineFX

After various liquidity sweeps within this range, we may finally be ready to see some selling pressure. I will be observing price action within this supply to locate a potential sell. If price fails to reject this zone then we have to let price travel up to the main supply at the high before we search for sells again.

AlkalineFX

Price has entered the weekly demand zone and slowed down in price luring in buyers. However, many are not taking note of the incomplete compression within demand. Because this compression is incomplete, I think we are likely to see a breakout trap followed by completed compression BEFORE we see any signs of buying pressure. I will set alerts and sit on my hands...

AlkalineFX

Could we be witnessing a fake breakout to lure buyers into the market? If this is a fake breakout to trap buyers THEN we can expect some strong sell pressure into my desired level to sweep them out of the market before the true buys come in. I am wishing you all a profitable trading week! Let me know what you think in the comment section below! 💬

AlkalineFX

I truly believe we are going to see another leg down to finalise a large stop hunt on buyers. Once breakout and demand buyers have been taken out of the market, there is a high chance that we will see the true buy move come in to sweep the equal highs. Gold is definitely one to watch out for! Avoid touching it until we get out of this messy range on the lower...

AlkalineFX

Everyone is focusing on the lower time frames without noticing the higher monthly supply holding right above current price. Be careful selling before this zone! We are seeing lots of indecision suggesting price may well want to travel up into the supply before any signs of reversals. Bear this in mind when trading this pair. Please let me know what you think...

AlkalineFX

We swept the lowest point EVER on this pair and now price is returning to the support created shortly after this sweep. Will price hold the support or break slightly beneath it to stop hunt before buying again? I think the new low will hold and not be broken but time will tell! I have illustrated what I would like to see on this pair over the coming weeks. ...

AlkalineFX

I have been calling all BTC moves as you can see from my related ideas below. We are waiting for a buy BUT first, we must complete the final liquidity grab on SMC buyers from the order block. I will be selling into my buy zone with members. Let's hear the hate in the comments 💬

AlkalineFX

No one should be buying here, the very obvious slow down in price is a lure to attract buyers. We still need to complete the compression and tap the weekly demand zone before we can consider buys. If you want to get caught in this stop hunt, buy here. If you want to join buys with the whales, wait for a liquidity grab THEN consider a buy. The second approach...

AlkalineFX

Price has swept the trendline liquidity but will this be enough to cause a reaction? I have two options to sell either around this region at market open or slightly higher at the main supply. We will observe price action at the market open before we take any sell positions. Let me know what you think in the comments guys! 💬

AlkalineFX

Wow, last week was intense. Firstly, we saw market makers sweep break and re-test buyers THEN they liquidated breakout buyers from the trend line and to finish all off they did a sweep on sellers that remained. Although the direction is unclear for next week, I have illustrated my bias. I may be wrong but at least I know that stop hunts are out of the way and...

AlkalineFX

Price is gearing up for a long-term swing in this region. Now that we have taken out a large chunk of buyers, we can consider the possibility of a buy-in around this region. With that being said, we still must be cautious of the key psychological level of 1.0 Price could still play around in the region before we get any shifts in market direction. I will buy...