Confirmations on the trade:
1. Price is sitting at Monthly + Daily support
2. 10min inverse head&shoulders
3. 3-10min price structure shift to bullish
1. Price is sitting at Monthly + Daily support
2. 10min inverse head&shoulders
3. 3-10min price structure shift to bullish
π6π±4π€©1
Forwarded from DovyFX | PREMIUM
US30
We might see a double bottom forming here on the 1H timeframe. I recommend to look at daily timeframes on all indexes and you will see a strong rejection candle that also left a small gap. Anyways if it ends up breaking the demand below, there will be a great short opportunity to follow the momentum on the bigger picture.
We might see a double bottom forming here on the 1H timeframe. I recommend to look at daily timeframes on all indexes and you will see a strong rejection candle that also left a small gap. Anyways if it ends up breaking the demand below, there will be a great short opportunity to follow the momentum on the bigger picture.
π3
DovyFX | PREMIUM
XAU/USD BUY NOW (1674.87) SL: 1666.25 (96 pips) TP1: 1684 TP2: 1694 TP3: 1705 (300 pips) 1:3.1 RR
Closing this trade early.
Not something I prefer holding over night.
Not something I prefer holding over night.
π±8π1
Forwarded from DovyFX | PREMIUM
US100
Here I am sharing a weekly chart. As you can see the price has approached 200MA and monthly support. If you look to the candles right beside it, you will see what was the reaction when this happened last time.
Very interesting time in the markets for the next couple weeks, as break of that may cause big drops or if the price respects it, we may see some recovery.
Here I am sharing a weekly chart. As you can see the price has approached 200MA and monthly support. If you look to the candles right beside it, you will see what was the reaction when this happened last time.
Very interesting time in the markets for the next couple weeks, as break of that may cause big drops or if the price respects it, we may see some recovery.
β€4π2
Forwarded from DovyFX | PREMIUM
Waiting for confirmations for all the setups on lower timeframes and will if it confirms will likely have 1-2 trades today