Range idea this is very very early. It may breakout from here Howver I am speculating a short entry on NvDa at 298.50 area. If we pop and hold 298.55 and hold as support then this idea is wrong and close imediatly. I would wait on this idea for the next 45 min Becuase we should have an answer. If nvda breaks 298.60s and holds then don’t enter anything
However if we reject 298.54 again here we may want to try anshort.
I’m kind of thinking this could turn into a range between previous reistance
And this most recent high.
If we can build out a range this could give NvDa a little time to correct oscillators and potentially push higher later. If this range does work and build we should see considlation betwen 298.54 and 292.15. Which means if we short 298.54 and stoploss above 298.80 we can risk a small ammount and take profit at the low of 292.30 for a sick win!
I’m waiting for my entry for now Becuase I’m waiting to see if this will reject or breakout in the coming 45min or so. Good luck trade with caution. This trade could be a banger or it could be a in and out quickly if we did actually contiue moving up.
However if we reject 298.54 again here we may want to try anshort.
I’m kind of thinking this could turn into a range between previous reistance
And this most recent high.
If we can build out a range this could give NvDa a little time to correct oscillators and potentially push higher later. If this range does work and build we should see considlation betwen 298.54 and 292.15. Which means if we short 298.54 and stoploss above 298.80 we can risk a small ammount and take profit at the low of 292.30 for a sick win!
I’m waiting for my entry for now Becuase I’m waiting to see if this will reject or breakout in the coming 45min or so. Good luck trade with caution. This trade could be a banger or it could be a in and out quickly if we did actually contiue moving up.
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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.