Solid trade in the Premium group!
@dovyfx_live_bot

US100
Yesterday the price broke below daily support. Which has now became a resistance. But we cannot forget that we still have strong bullish impulses to the left of the chart. This is why I drew couple trend lines to show a potential bullish flag pattern.
We have two potential scenarios both bearish and bullish,so now we just have to wait and react.

On top of Dubai!

US30
Price is still in this mad consolidation. The price is trading around a strong resistance, that price has rejected multiple multiple times. Yes on lower time frames the price is currently above, but for daily resistance to be invalidated the daily candle needs to close above. So we could see a fakeout before a move down so if the price is able to break below the demand area, then I would consider this resistance still valid and we could see the price dropping but if daily candle closes above resistance then we could use the same demand to take buy positions

What’s up everybody! So first I would like to share a daily timeframe chart of US30. As you can see the price is still in mad consolidation but it is rejecting from a significant support and if you look at the chart I have two little arrows marking up daily candles and the last time the price rejected from the support with a very similar candle, price moved higher and was bullish, so now we have very similar scenario and I do expect this week the price to continue being bullish so my plan is to track lower time frames and look for buys.

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GBPUSD
Solid setup waiting to confirm

GBP/JPY

SELL NOW (164.148)

SL: 164.530 (38 pips)
TP1: 163.756
TP2: 163.4
TP3: 162.82 (132 pips)

1:3.5 RR

US100

SELL NOW (12072)

SL: 12125 (52 pips)
TP1: 12022
TP2: 11967
TP3: 11914 (158 pips)

1:3 RR

US100 first target hit! ✅

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Video analysis (US30, US100, Gold)

CAD/JPY

Looking for a potential upside on this pair. Bouncing from a strong support on bigger timeframes with additional inverse H&S to confirm weakness from the bears. Currently retesting demand area + 0.5FIB retracement. Looking at 5min timeframe for a potential entry/

XAU/USD

Rejecting from 4H supply area, but I was conservative with taking this trade because on 1H/2H timeframes price is still forming HH and HL.

Break of the demand below and shift of structure could trigger my setup to go short on Gold.

US100

After a strong bounce from support on Friday, price ended up breaking and closing above resistance (which is now support). Currently this looks bullish and I will continue to stick with that unless price break below support on daily.

I have a demand area which is in between of the support and this is where I will be looking for long position on this asset.

USD/JPY

Strong upside potential as every time price approaches any support it gains a lot of buying momentum right away. Also we just got our market direction shift on 30 min timeframe, so retest of demand could be a good opportunity to go long.