Hi Traders!
I'm waiting patiently on NVDA. It broke through a 4HR Bullish OB, and now It's making its way down to retest that breaker OB area. However, If it keeps breaking down past 136.00, then the 4HR CHOCH would become invalid. I have 2 alerts set- 1 at 140.50, and 136.50. These are potential areas where there could be a reversal. Price likes to test previous CHOCH patterns, so watching closely for the best possible entry if the chart presents itself that way.
If the reversal happens and continues to move up, I'm looking for price to break 150 since tapping that area a few times already. Lets see what we can get🤞
*DISCLAIMER: I am not a financial advisor. The ideas and trades I take on my page are for educational and entertainment purposes only. I'm just showing you guys how I trade. Remember, trading of any kind involves risk. Your investments are solely your responsibility and not mine.*
I'm waiting patiently on NVDA. It broke through a 4HR Bullish OB, and now It's making its way down to retest that breaker OB area. However, If it keeps breaking down past 136.00, then the 4HR CHOCH would become invalid. I have 2 alerts set- 1 at 140.50, and 136.50. These are potential areas where there could be a reversal. Price likes to test previous CHOCH patterns, so watching closely for the best possible entry if the chart presents itself that way.
If the reversal happens and continues to move up, I'm looking for price to break 150 since tapping that area a few times already. Lets see what we can get🤞
*DISCLAIMER: I am not a financial advisor. The ideas and trades I take on my page are for educational and entertainment purposes only. I'm just showing you guys how I trade. Remember, trading of any kind involves risk. Your investments are solely your responsibility and not mine.*
Trade ist aktiv
Wow, good hold off on this one! On the 1HR, it created a CHOCH at 125.00. Looking for price to retest 123.00-125.00 area, and a close above 128.50 could help a bounce to fill in the gap inbetween 142-132.00.Anmerkung
Watching closely. I want to see how price reacts to the 1HR OB at 123.00.Anmerkung
No trade on Nvidia. It's just not giving the momentum I need.
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.