Hi Traders,
Bringing you guys another DOT update!! Nice and simple! price is looking for resistance, small first zone at the 0.618 FIB if this is broken the next zone is in play, theres plenty of order/volume in the second zone so its the most likely resistance area. We will want to then see a fall in prices once resistance has been found then form a higher low with volume support to indicate that prices want to go higher and not lower again. It would also be nice to see fall in prices near to the support that has been formed at the bottom and reject it again, this would be a nice indication that the fall in prices is over.
As always if you enjoy the content don't forget to click the like button and make a comment on your opinion.
Thanks
MS
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
Bringing you guys another DOT update!! Nice and simple! price is looking for resistance, small first zone at the 0.618 FIB if this is broken the next zone is in play, theres plenty of order/volume in the second zone so its the most likely resistance area. We will want to then see a fall in prices once resistance has been found then form a higher low with volume support to indicate that prices want to go higher and not lower again. It would also be nice to see fall in prices near to the support that has been formed at the bottom and reject it again, this would be a nice indication that the fall in prices is over.
As always if you enjoy the content don't forget to click the like button and make a comment on your opinion.
Thanks
MS
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️