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@dovyfx_live_bot
(New members accepted MAY 1ST)
Time to focus on all members and have an amazing month of trading! 📈
@dovyfx_live_bot
Forwarded from DovyFX | PREMIUM
US500
On weekly chart the price is at resistance where the price has rejected multiple times. The price was approaching it with strong momentum, but we can see that this week it has significantly slowed down.
Because of that I will be looking for short positions until or unless the resistance is broken.
On 2H timeframe the price is at a supply area and looks like it is struggling to break it. So I will wait for a bearish candle for an entry.
On weekly chart the price is at resistance where the price has rejected multiple times. The price was approaching it with strong momentum, but we can see that this week it has significantly slowed down.
Because of that I will be looking for short positions until or unless the resistance is broken.
On 2H timeframe the price is at a supply area and looks like it is struggling to break it. So I will wait for a bearish candle for an entry.
Forwarded from DovyFX | PREMIUM
US100
Price has moved up significantly after rejecting weekly support.
So far the momentum to the upside is solid, so I prefer the price to break and retest the supply for potential long opportunity.
But if it keeps rejecting and starts to break structure lower, I will look for shorts.
Price has moved up significantly after rejecting weekly support.
So far the momentum to the upside is solid, so I prefer the price to break and retest the supply for potential long opportunity.
But if it keeps rejecting and starts to break structure lower, I will look for shorts.
Forwarded from DovyFX | PREMIUM
US30
On the daily similarly as US500 the price is at weekly/daily resistance.
On 2 hour timeframe we have a potential supply/demand zone where if it is broken below the price would prove me that it is ready to move lower.
On the daily similarly as US500 the price is at weekly/daily resistance.
On 2 hour timeframe we have a potential supply/demand zone where if it is broken below the price would prove me that it is ready to move lower.