ZenFlo

ZenFlo

The reverse of my previous gold post which I will tag below, we can see in this chart the potential for a 2% fall in DXY on the 4h chart maybe more.

ZenFlo

Monthly outlook for GBPUSD, trading sideways in a channel, look for a return to the top of the volume profile either for continuation down ( Likely) or a breakout.

ZenFlo Updated 

Potential Scalp for gold in this session. Look to short weakness after that little relief rally.

ZenFlo Updated 

So here I have broken down the Gold daily chart using the volume profile, to make a prediction on where I see price heading over the next week or so, with the FED hiking rates to 0.5 we can expect Gold to start a demise. Price should search for a new fair price which will be lower than we are now.

ZenFlo Updated 

EURNZD appears to have broken out and we can look to buy EURNZD and aim for the volume.

ZenFlo Updated 

VIX weekly looks ready to rally and we are seeing bearish pressure develop on the SPX weekly chart, we have been in an incredible rally now since the initial crash in March 2020 and now we have broken this rallies trend and retested, Like I said Investors are starting to be curious about the future with Volatility rising and confidence decreasing, we are seeing...

ZenFlo

Oil last month prints an inside bar and price looks ready to rally to $130ish on a weekly and monthly timeframe.

ZenFlo

Inside bar strategy is one of my personal favourites, in this section I will detail how and why I trade Inside bars to deliver more profits during a trading week. Now In my personal opinion any non profitable trader should be chomping at the bit to learn this strategy as it has the potential to really aid your trading journey. So lets breakdown what finding an...

ZenFlo

China is struggling, Covid 3.0 or whatever version we are on now is taking a hold of the Chinese, Shanghai in lockdowns and Shipments struggling to dock. The Chinese Economy is in a very interesting position currently, with Companies like the Chinese Titanic 'Evergrande' defaulting. We are seeing China try to expand its influence in the SCS ( South China Sea)....

ZenFlo

Vix last week forms this great pin and looks likely to rally higher next week after a pullback, so what is this telling us about upcoming events? the higher VIX rallies we usually see a reversal in the SPX500 Indice, so I added this to the chart and we can see we are currently trending downwards. A high VIX usually implies Investors are cautious of the market and...

ZenFlo Updated 

Massive Accumulation we have seen in Gold, as we can see on the VP, massive build up of transactions now price is searching for a new 'fair price' price has risen up above the accumulation and now we have seen price return to the accumulation zone to retest, this could be seen as a low risk entry into a potential bull trend. Look for confirmation on 4h of a bullish rally.

ZenFlo

CADCHF Monthly has been in Accumulation for a long time, now we have formed a cup and handle, price is breaking this previous area of high transactions and will try trade higher if price can keep above these levels.

ZenFlo

Ethereum fails to search higher, price is looking to return to a value of high volume, we can use this Pinbar if it forms to take a trade and aim for the $2600 level.

ZenFlo

GBPAUD forms an Inverted head and shoulder reversal before recently retesting the old fair price, price if it manages to reject breaking below this are of volume show be able to climb higher towards the 1.81 Level eventually, In re testing old 'fair value' we can look for people to buy GBPAUD, this level also falls on the 50% Fib.

ZenFlo Updated 

Xau makes a nice inverted hammer since price has been trending down after reaching the top of the VP, We are now seeing a mean reversion and gold attempt to move back to $1972. I have set two targets one at $1972 and one at $1964 with a stop loss at $1982.

ZenFlo Updated 

Commodities are trying to move higher USOIL and XAU strong rallies, look for a pullback to $1960 area to add longs and aim $2000/$2050. Look for rejection of $1960 for confirmation.

ZenFlo Updated 

Same analysis but with a weekly timeframe, you can see where the market is attempting to move too.

ZenFlo Updated 

Weekly Pinbar on GBPNZD, price likely to attempt a rally of sorts. Sterling to outperform Kiwi this week.