Forwarded from DovyFX | PREMIUM
US100
What we see here is a little bit more interesting and tricky.
To begin with, we have left a small gap above on today's open, so I believe it has to be filled at some point today since the price is not that far away from it.
So, 2 scenarios once again.
1 - the price drops to demand and then climbs back up to retest the daily supply and fill the gap
2 - price fills the gap first and then has a decent room to have a drop.
What we see here is a little bit more interesting and tricky.
To begin with, we have left a small gap above on today's open, so I believe it has to be filled at some point today since the price is not that far away from it.
So, 2 scenarios once again.
1 - the price drops to demand and then climbs back up to retest the daily supply and fill the gap
2 - price fills the gap first and then has a decent room to have a drop.
Forwarded from DovyFX | PREMIUM
US500
Also very nice and interesting things I want to pin point!
First of all, the price moved as I drew up last week, but sadly we did not have a retest on the zone so no entry.
Daily candle has a gap above and no wick at the top of it.
If we eventually come back to retest the zone, we might see a decent bounce up
Also very nice and interesting things I want to pin point!
First of all, the price moved as I drew up last week, but sadly we did not have a retest on the zone so no entry.
Daily candle has a gap above and no wick at the top of it.
If we eventually come back to retest the zone, we might see a decent bounce up
Forwarded from DovyFX | PREMIUM
US30
Finally my favorite and it is looking cleanest!
Very simple and nice price action. We have a monthly resistance that is pulling the price up like a magnet at the moment, so even if the price wants to drop I believe it needs to test it first. Secondly, we have a nice weekly support + 30min demand that line up perfectly. So if we test them both, I believe there is a high probability for a move higher.
I suggest everyone to look at the weekly timeframes and see how strong of a bullish candles we have forming.
Finally my favorite and it is looking cleanest!
Very simple and nice price action. We have a monthly resistance that is pulling the price up like a magnet at the moment, so even if the price wants to drop I believe it needs to test it first. Secondly, we have a nice weekly support + 30min demand that line up perfectly. So if we test them both, I believe there is a high probability for a move higher.
I suggest everyone to look at the weekly timeframes and see how strong of a bullish candles we have forming.
Here are my daily chart markups with short text analysis. I share these everyday inside my private group and once a week in the free group.
If you want to join:
@dovyfx_live_bot
πππ
If you want to join:
@dovyfx_live_bot
πππ
Waiting and reacting. Not guessing and hoping.
This mindset has changed everything for me. Take notes.
This mindset has changed everything for me. Take notes.
Forwarded from DovyFX | PREMIUM
US30
BUY NOW (33941)
SL: 33875
TP1: 34007
TP2: 34050
TP3: 34250
1:4:6 RR
BUY NOW (33941)
SL: 33875
TP1: 34007
TP2: 34050
TP3: 34250
1:4:6 RR
DOVYFX
US30 BUY NOW (33941) SL: 33875 TP1: 34007 TP2: 34050 TP3: 34250 1:4:6 RR
First target hit! β
DOVYFX
US30 BUY NOW (33941) SL: 33875 TP1: 34007 TP2: 34050 TP3: 34250 1:4:6 RR
Second target hit β
β
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