Between July 31 and August 13, price kept nagging at the white U-MLH,
but there wasn’t enough strength to break through.
From there, price began to drift lower, pressing against the red U-MLH.
The close last Friday failed to break below the red U-MLH –
a clear sign of weakness!
If the green mini-trendline gives way and the white ¼-Line moves above price as well,
NVDA could be ripe for a short setup.
Let’s stalk the trade.
but there wasn’t enough strength to break through.
From there, price began to drift lower, pressing against the red U-MLH.
The close last Friday failed to break below the red U-MLH –
a clear sign of weakness!
If the green mini-trendline gives way and the white ¼-Line moves above price as well,
NVDA could be ripe for a short setup.
Let’s stalk the trade.
Note
Daily TF
🔱 Follow The Fork 🔱
👉 Avoid subjectivity.
👉 Find multiple R Trades.
👉 Trade the Medianles aka Pitchfork Edge
👉 Avoid subjectivity.
👉 Find multiple R Trades.
👉 Trade the Medianles aka Pitchfork Edge
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
🔱 Follow The Fork 🔱
👉 Avoid subjectivity.
👉 Find multiple R Trades.
👉 Trade the Medianles aka Pitchfork Edge
👉 Avoid subjectivity.
👉 Find multiple R Trades.
👉 Trade the Medianles aka Pitchfork Edge
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.