ZenFlo

ZenFlo

Bitcoin has two choices as always, we are seeing price consolidate inside this triangle pattern and we have our POC, we have a large gap in the VRVP, meaning a break to the upside could cause price to rally to the VRVP build up, and move mountain to mountain see attached post. If price breaks lower look to catch sell trades on the break of the low.

ZenFlo

This example of the CJ daily charts shows you how to trade mountain to mountain style, in other words between orderzones, when price rallies away from these areas of high transactions it flies to new mountain. Low VRVP bars show price will simply fly through it to find the buyers and sellers higher up!

ZenFlo

Simple post just breaking down a few things I have learnt since I started trading, and for someone just starting out I think a quick brief look over these reasons for lack of results is helpful.

ZenFlo Updated 

In this post I wanted to do a breakdown of how to combine two profiles, so we had this big fall away from the VRVP, we had declining sized bars, we had less orders in leymans terms, so we can use a fixed range profile of the fall away to get a better reading of the orders in detail in the fall, remember VRVP gives a big scope, fixed gives a narrow scope, so price...

ZenFlo

Volume profile is an underused and quintessential part of trading, it tells you build up of orders, it tells you fair price, and it tells you where the majority of the liquidity is. You can see in this chart, I have taken it apart piece by piece to show you the basic mechanics and why price moves the way it does, now be honest, how many of you rushed into...

ZenFlo Updated 

Wedges are not my favourite form of analysis I have to admit, but we are seeing EURUSD breakout of this Consolidation period, with a strong bearish candle, we also have divergence in our RVI indicator, we could look for a small pullback and take a short position on price action back to the lows.

ZenFlo Updated 

GBPJPY makes cup and handle pattern and we can look to buy the break to catch some serious upside momentum. Feel free to check out my other posts on GBPJPY both on a weekly timeframe and a more fundamental outlook in the JPYX post.

ZenFlo Updated 

Oil nice fall, and now produces a divergence on the RVI indicator and has fallen back to the big accumulation zone, we could look at a potential long from here, we are trending under the MA89, so take this into consideration, wait for the 9PM candle close very least.

ZenFlo Updated 

So in this post I am going to show you an indicator you probably have never heard off and that is the relative vigor index, here in the chart I have shown a few examples of how it can be used for confirmation, It can either be used to spot hidden divergences or used for when price pullsback to a moving average as a tell tale sign the market is ready to continue...

ZenFlo

So here I am following on from the previous post, we have moved to the 4H chart, and I have taken a deeper delve into how to filter the candles out to find optimal ones, and look here, all the Bullish engulfing under the moving average... very poor performance, but the Bearish engulfing that is rejecting the moving average, remember previous post we talked about...

ZenFlo

Price action is a very good way to trade, it produces clean and clear charts, but the clue is in the name... 'Price action' if I made a bot to literally enter every single time a bullish or bearish engulfing appeared Id be broke very fast! this is because these candles by themselves are not as a effective as when used in conjunction with trendlines, moving...

ZenFlo Updated 

Bitcoin potential short as we see a double rejection of the $21.8k level, there is a possibility we see a strong sell of in BTC from here, good risk to reward too.

ZenFlo Updated 

ATR is a great indicator designed to show you the previous ranges of the previous candles depending on the value chosen, in this example I have done 6 periods, so you can see in this chart I have highlighted when we have peaks and troughs and one thing to do is compare the times of day this activity happens, you can see at certain times the atr climbs, it stalls...

ZenFlo Updated 

GJ produces a lovely pinbar, Oil is rising and we can buy GJ and aim for considerable rises. Best of Luck.

ZenFlo Updated 

Moving average is an average of price closes over a certain amount of time, so at a base level they rise when price rises and fall when price falls, so why are they important? Because they give you a sense of the average direction of price over a certain amount of time, if you take the chart at face value you are not even witnessing one price close at that...

ZenFlo

SPX trading idea, price is trending beneath the MA89, RVI makes divergence, price action gives an inverted hammer (wait for close), we can look at this combo of confirmations as a signal to take a short trade. Simple but effective :)

ZenFlo Updated 

CADJPY looks ready to rise, and with oil prices creeping up from their slumber, this pair with CAD being a major exported of the black gold and JPY a big importer, we could see this pair have some volatility with the rises, nice price action on the 4h suggest to buy the pair and aim for the previous high and higher. Good luck ZenFlo

ZenFlo

Okay so here we have a daily chart for XAU we can see price is under the ema89, price has been ranging sidewards now since 16th May, so we need eventually for the pressure to build and a forceful expansion happen, the daily candle printing in 33 mins looks very bearish and we could look to take sell trades and attempt to sweep the longs in the market, as Interest...