After the dump yesterday, what a nice reversal pattern today. daily chart. 2 bar bullish reversal. Expect price to quickly fill in the gap caused by the Chinese AI news.
Based on the gold price chart shown, here is my analysis: 1. Current price is around $2,765 per ounce, moving in a narrow range with a +0.01% change. 2. Short-term trend: - Price is moving in an upward direction with multiple EMA (Exponential Moving Average) lines aligned in an upward pattern - Testing resistance at the Supply Zone - Momentum remains positive but may begin to slow as it approaches resistance 3. Key levels to watch: - Major resistance at Supply Zone around 2,773 - Next support level at Demand Zone and EMA 100 line 4. Trading recommendations: - Exercise caution when opening new long positions at this level due to proximity to key resistance - If price can hold above resistance, there may be potential for further upside - Monitor trading volume to support decision making However, investors should use this technical analysis in conjunction with fundamental factors and appropriate risk management when making investment decisions. Note that the chart shows several technical indicators including EMAs and supply/demand zones that support this cautiously bullish short-term outlook, while being mindful of the resistance level overhead.
SEED_WANDERIN_JIMZIP900:WIF | 1D Previous low has been swept Buying zone: 1.23 to 1.18 Stoploss: below 1.05 Targets: tp1 - 1.40 to 1.50 tp2 - 1.76 to 1.92 tp3 - 2.36 to 2.50
Five9 (FIVN) is showing strong bullish momentum, with a gap forming around the $38.00 level. A breakout above the $47.13 daily resistance would confirm further upside, positioning the stock to target the $92.36 resistance. This trade setup offers an excellent risk-to-reward ratio, with a stop-loss set at $35.70 to manage downside risk. As a leader in cloud-based contact center solutions, Five9 is well-positioned to benefit from increasing demand for AI-powered customer service automation and digital transformation initiatives. With strong enterprise adoption, continuous innovation, and an expanding market presence, FIVN has the potential for significant long-term growth. For a deeper dive into this setup, check out my YouTube breakdown, where I analyze the technical trends and discuss the fundamentals driving this opportunity. With its combination of technical momentum and strong industry tailwinds, FIVN presents an attractive opportunity for traders and investors aiming for $92.36. NASDAQ:FIVN https://www.tradingview.com/x/1WtrUYEH/
Price has been buying long for a while now , and this happened because it needed to go fill a daily imbalance currently price is headed to the buy duy side again but this is just a little price reaction needed to draw more liquidity before price continues in it selling bias. Basically price should push 1.04878 price point before melting down to 1.02272 price point
Perfect set up for $ZS. Ideal entry if positive reaction for FED tomorrow. 215 calls for March is a good idea
Expecting the sell off to continue if the market moves up to the supply zone (imbalance) in the manner shown. I classify the trade with a 50% probability of success.
NASDAQ:NVTS Came very close to selling out of the trading position today but we are seeing some good signs! Need to finish out this week strong ? - H5 is Green again - Climbing back into WCB - Wicking back into Symmetrical Triangle Not financial advice
ADA USD Cardano 24hr potterboxes with a channel. well we are below the 50 percent line or cost basis. 1.04022 ish. well this looks like a bullish wedge setting up for a blast off into the stratosphere and hit the 50 percent line 1.04022 . it also looks like it might bounce off of the floor..84098. Maybe it will find support sooner around the .91104 ish range. Hopefully it will not stay at this level. I added the smaller box so now it's bouncing off of the floor of the smaller box. .91227. Well Happy trading.
waiting for commitment of the market . if price stay above green box it will push higher. but right now this asset will drop. waiting for reaction on hidden support. Trade safe