📈 🟢
🔹 Asset: Five9, Inc. (FIVN – NASDAQ)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Symmetrical Triangle Breakout + Support Retest
📊 Trade Plan – Long Position
✅ Entry Zone: $23.21 (Breakout confirmation + yellow zone flip)
✅ Stop-Loss (SL): $21.90 (Below trendline & structural support)
🎯 Take Profit Targets:
📌 TP1: $24.89 – Local resistance
📌 TP2: $26.65 – Major supply zone
📐 Risk-Reward Calculation
🟥 Risk: $1.31/share
🟩 Reward to TP2: $3.44/share
📊 R/R Ratio: ~1 : 2.62 – Favorable trade setup
🔍 Technical Highlights
📌 Consolidation in triangle with tight range ✔
📌 Trendline support and resistance convergence ✔
📌 Breakout from squeeze structure gaining strength ✔
📌 Volume steady – potential for spike continuation 📈
📉 Risk Management Strategy
🔁 SL to breakeven after TP1
💰 Partial profit at TP1
🚀 Let the rest ride toward TP2
⚠️ Setup Invalidation If:
❌ Breakdown below $21.90
❌ False breakout without volume
❌ Bearish engulfing candle post-entry
🚨 Final Thoughts
✔ Breakout traders’ favorite: tight base + expansion
✔ Strong R/R and room to run
✔ Clean plan, powerful structure = ProfittoPath-certified setup
🔗 #FIVN #BreakoutSetup #ProfittoPath #NASDAQStocks #ChartAnalysis #TechnicalSetup #SwingTrade #SmartMoney #RiskReward #TriangleBreakout
🔹 Asset: Five9, Inc. (FIVN – NASDAQ)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Symmetrical Triangle Breakout + Support Retest
📊 Trade Plan – Long Position
✅ Entry Zone: $23.21 (Breakout confirmation + yellow zone flip)
✅ Stop-Loss (SL): $21.90 (Below trendline & structural support)
🎯 Take Profit Targets:
📌 TP1: $24.89 – Local resistance
📌 TP2: $26.65 – Major supply zone
📐 Risk-Reward Calculation
🟥 Risk: $1.31/share
🟩 Reward to TP2: $3.44/share
📊 R/R Ratio: ~1 : 2.62 – Favorable trade setup
🔍 Technical Highlights
📌 Consolidation in triangle with tight range ✔
📌 Trendline support and resistance convergence ✔
📌 Breakout from squeeze structure gaining strength ✔
📌 Volume steady – potential for spike continuation 📈
📉 Risk Management Strategy
🔁 SL to breakeven after TP1
💰 Partial profit at TP1
🚀 Let the rest ride toward TP2
⚠️ Setup Invalidation If:
❌ Breakdown below $21.90
❌ False breakout without volume
❌ Bearish engulfing candle post-entry
🚨 Final Thoughts
✔ Breakout traders’ favorite: tight base + expansion
✔ Strong R/R and room to run
✔ Clean plan, powerful structure = ProfittoPath-certified setup
🔗 #FIVN #BreakoutSetup #ProfittoPath #NASDAQStocks #ChartAnalysis #TechnicalSetup #SwingTrade #SmartMoney #RiskReward #TriangleBreakout
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.