Forwarded from DovyFX | PREMIUM
Once again we got some important news so I am using lower risk!!!
Personal risk: 0.5% of my trading capital
Personal risk: 0.5% of my trading capital
DOVYFX
US100 BUY NOW (10795) SL: 10735 (60 pips) TP1: 10857 TP2: 10918 TP3: 11040 (243 pips) 1:4 RR
SL: 10719 (63 pips)
(typo)
(typo)
DOVYFX
US100 BUY NOW (10795) SL: 10735 (60 pips) TP1: 10857 TP2: 10918 TP3: 11040 (243 pips) 1:4 RR
Second target was hit! β
And then stopped me out at breakeven during news
And then stopped me out at breakeven during news
2000 SUBSCRIBERS! (GIVEAWAY)
Anonymous Poll
68%
Free week of signals and analysis
13%
50% off for Lifetime package
9%
Raffle to pick 1 winner to join the group
10%
Free Sunday webinar/market-prep
Even though we had positive CPI data, dollar index failed to break supply and is now falling, which may cause gold and stock indexes to rise (at least short-term)
https://www.tradingview.com/x/c6enfxbw/
https://www.tradingview.com/x/c6enfxbw/
TradingView
TVC:DXY Chart Image by DovyFX
It does not be more simple than this.
- High timeframe key levels
- Supply
- Volume point of control
- Overal DXY weakness
- Overbought price
- High timeframe key levels
- Supply
- Volume point of control
- Overal DXY weakness
- Overbought price
XAU/USD (GOLD)
Price is choppy as well, but if that happens we need to focus on higher timeframes, so we have weekly bearish engulfing candle close + daily bearish engulfing close. I do have a supply zone which is at a volume POC and I will be waiting to see how price reacts to the level before potential short position.
Price is choppy as well, but if that happens we need to focus on higher timeframes, so we have weekly bearish engulfing candle close + daily bearish engulfing close. I do have a supply zone which is at a volume POC and I will be waiting to see how price reacts to the level before potential short position.
This is my outlook for today in the markets βοΈ
I post this type of analysis in my Premium group (@dovyfx_live_bot) daily and only once a week here in the Free group.
If you want to join π
@dovyfx_live_bot
I post this type of analysis in my Premium group (@dovyfx_live_bot) daily and only once a week here in the Free group.
If you want to join π
@dovyfx_live_bot