ZenFlo

ZenFlo Updated 

Bitcoin if can break this consolidation bullish has the chance to make some price gain, if we break lower than the consolidation it hints at signs of a larger price drop incoming, as we are in an uptrend so to speak atm and after the sell of from the ETF announcement it could be a cheap price for one last potential move towards $52k. However need to keep an eye on...

ZenFlo

Bitcoin finds itself in a 4H range, again with the FED likely to cut rates we can expect some more bullish continuation in BTC, maybe we can go for 48K-52K. Wait for a break and retest of range to go long, if we remain rangebound trade the range.

ZenFlo

EURUSD Seems to be making a cup and handle formation, with the stance of the FED currently and my previous DXY post, which is posted below we could look to buy this retest and aim for Equal highs and higher. Look for the move to develop from here.

ZenFlo

DXY shows signs of weakness, with the FED message seeming to back a rate cut, as seen in the FOMC mins, The NFP data despite being great was quickly sold off, it could imply that a cut arrives sooner. We are positioned at a likely swing high and the fundamentals back a drop, could be a great time to go long EURUSD.

ZenFlo Updated 

USOIL Seems to have a harmonic pattern on the daily timeframe. We can also see we have a developing divergence with the RVI struggling to make a new low despite oil price falling rapidly. 81.64 Seems most probable in this circumstance.

ZenFlo

BTCUSD Has been strong recently, 4h looks like it is set to continue to the upside, nice pinbars and we look set to break high of last 4h bar. Longer term I see it slipping but right now looks a good time to try a potential long.

ZenFlo

JPYX has been in slight downwards range since August the 9th, we had a previous idea on how a triangle consolidation could have broken out of this range, but the consolidation broke up to come crashing back down, and now JPY had major imbalance and punctured the lower bounds of our range. In trading hours today UJ actually went down due to the fall of DXY on NFP...

ZenFlo Updated 

According to the theory I have on JPYX tagged below and was my previous post, JPY has broken a triangle consolidation and seems to be showing signs of a strengthening yen, we can see in UJ we can kinda see the same thing happening. I will be keeping an eye on this pair into next week.

ZenFlo

EURUSD seems to have broken a channel and made a pullback. The EMA50 has just gone under the EMA200 and we seem to be rejecting the 200 aswell, this would signify potentially the start of a downwards move, over next week we can see if this develops further. I Have attached another post which is more on the daily timeframe of EU.

ZenFlo

JPY breaks out of consolidation pattern, and we can look to catch a move up, this means we can look to sell Yen crosses as this volatility created will strengthen the yen.

ZenFlo

DXY has broken a previous high and has escaped this range scenario from 01/01/22, Price has now formed a flag or consolidation above this high. If we take the length of the flag pole and extend it above the flag itself we can see this price ends up in this area of previous value, in my opinion USD is likely to make a move here. We can look for tell tale signs of...

ZenFlo

EURUSD on the Daily chart has broken the June 2023 Low and we have returned to the price and have started to build value under it, with this consolidation/flag forming, we can wait for a breakout of this flag to look for downside momentum with the dashed lines forming potential take profits on the way down. SPX is also looking weak currently, we could see the DXY...

ZenFlo

NAS100 looks to be consolidating and we can watch for breakout to make some profit.

ZenFlo

JPYX is still in this downwards ranging market, we can see in the regression channel how we are are contracting in a sense on a higher frame. Now we seem to have created this triangle consolidation, with these gradual lower highs and this sturdy support forming underneath. We could look to trade a breakout of this pattern, this could be either up or down at this...

ZenFlo Updated 

US Oil forms this great cup and handle formation, we then break neckline and get continuation entry, we fall back to neckline and as you can see we get this RVI divergence develop we can try a long on a pullback of fridays candle, we can aim to equal the high or break it!

ZenFlo

USDCHF Presents a swing opportunity, you can look to buy USDCHF and ride a swing up if this level holds.

ZenFlo

This is how I believe EU will move in todays London and NY sessions, however with NFP coming we might close out of the position before the volatility for safety, lets see how it goes.

ZenFlo

UC looks good to proceed to 1.3763, I am going long here.