? NASDAQ:DKNG Just Formed a Perfect Peg Gap—Is This the Buy Zone? DraftKings ( NASDAQ:DKNG ) just made a Peg gap and is now pulling back into a strong support zone—creating what could be a prime buying opportunity for sharp-eyed traders. ? Here’s what’s setting up: ✅ Peg Gap Formation: A bullish signal indicating momentum is still in play. ✅ Pullback to Key Support: Price is settling into a high-confluence buy area. ✅ Potential Bounce Setup: Risk/reward looks ? for a move higher. Why does this matter? Because when stocks pull back into solid support after a breakout gap, it often sets up the next leg higher. With sports betting continuing to grow and NASDAQ:DKNG maintaining bullish fundamentals, this could be the perfect moment to jump in before the next rally. ? Watch for confirmation near support—this could move fast. ?
The price has formed a Triangle on the 4h time frame, and if it breaks out, it can drive the price up to around $27 . Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.? _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and ?Follow?! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Price has reached a critical support zone - Looking for strong rejection or breakdown. Bollinger Band Contraction Bands (purple lines) showing significant narrowing Price consolidating near the lower band Squeeze pattern suggesting imminent volatility expansion TTM above zero line VFI (Volume flow indicator by Markos Katsanos) (not shown on chart) Crossing above zero line - buy signal Given the bearish context, any long positions require tight stops
the price 166.00 to 155.00 can be identified as a wide range which can be a triger for a SHORT SQUEEZE as it right now in the depth of it's range as the days will come will it make a lower low to 155.00? and if so - a bull flag will confirm the whole scenario
Daily live trade with XAUUSD in 15m/30m/1h 20250224
? SHORT BYBIT:BTCUSDT.P from $94,831.0 ? Stop Loss: $95,276.0 ⏱ 4H Timeframe ✅ Overview: ➡️ BYBIT:BTCUSDT.P is trading within a descending range after forming a Head and Shoulders pattern, indicating potential further downside. ➡️ Volume Profile suggests that the main liquidity (POC) is positioned above the current price ($95,933.6), reinforcing seller dominance. ➡️ A break below $94,831.0 will strengthen the bearish impulse and confirm buyer weakness. ➡️ The main downside targets are in the $94,470.0 – $94,120.0 range, where a short-term bounce may occur. ⚡ Plan: ➡️ Short entry after breaking $94,831.0, confirming bearish momentum. ➡️ Stop-Loss at $95,276.0—placed above the nearest resistance level to minimize risk. ➡️ Main targets: $94,470.0 and $94,120.0, where demand may emerge. ? TP Targets: ? TP 1: $94,470.0 ? TP 2: $94,120.0 ? BYBIT:BTCUSDT.P remains in a bearish trend—expecting further downside! ? BYBIT:BTCUSDT.P is forming a bearish trend, and consolidation below $94,831.0 will reinforce it. ? Watch for price reactions near $94,120.0, where a slowdown might occur.
Monday February 24 Data: US January Chicago Fed national activity index, February Dallas Fed manufacturing activity, Japan January PPI services, Germany February Ifo survey Central banks: BoE's Lombardelli, Ramsden and Dhingra speak Earnings: Diamondback Energy, Trip.com, Domino's Pizza, Cleveland-Cliffs Auctions: US 2-yr Notes ( LSE:69BN ) This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
This morning, the EUR/USD pair opened at 1.05279, experiencing an initial push before retreating to around 1.04700. As I draft this analysis, the market is exhibiting a rejection spike, indicating volatile trading conditions. Currently, the price is lingering within a supply zone established last week, where we witnessed a notable bearish impulse followed by a sharp bullish reversal leading us to our present levels. In the absence of significant macroeconomic updates or policy news to influence the currency markets, we will be closely observing any developments surrounding tariffs and the US's stance on European security as they unfold this week. Additionally, the upcoming PCE inflation figures from the United States, scheduled for release on Friday, will be under the scrutinization of Federal Open Market Committee (FOMC) officials, as usual. Our outlook remains robust, as we anticipate a potential bearish trend in the market. The current price resides within a supply area, supported by the latest Commitment of Traders (COT) report, which indicates a bullish sentiment among retail traders. Furthermore, our forecasting indicators suggest a looming bearish trend, consistent with patterns observed over the past decade during this timeframe. We are positioning ourselves for a bearish week ahead. ✅ Please share your thoughts about EUR/USD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
GOLD (XAUUSD) Technical Analysis – February 24, 2025 Bullish Consolidation Continues Near ATH Zone Gold is maintaining stability above the key pivot zone at $2,935, indicating a potential breakout scenario. The price is currently consolidating within a narrow range, awaiting confirmation of the next move. ? Bullish Scenario: A 4H close above $2,946 will strengthen the bullish case, with upside targets at $2,954 and $2,968. A further breakout above $2,974 could push the price toward the $3,000 psychological level. ? Bearish Scenario: Failure to hold above $2,935 may trigger a pullback toward $2,918, with deeper support at $2,895 and $2,873. Key Levels to Watch: ? Resistance: $2,946 | $2,954 | $2,974 ? Pivot Zone: $2,935 ? Support: $2,918 | $2,895 | $2,873 ⚠️ Directional Bias: As long as Gold remains above $2,935, the bullish momentum remains intact. However, a break below this level could shift sentiment bearish. ? Keep an eye on upcoming economic data and market sentiment for additional momentum.
Buy. Price has recovered from it's previous low. Now, I am buying. Will be buying on my other paper accounts also, then I am going for lion dance training then work after that at Ang Mo Kio area. 1845SGT 24022025