Nvidia should soon develop further downward momentum to carve out the low of the beige wave IV. Nevertheless, price should pivot upward before dropping below the support at $145.50 and rise into our red Target Zone between $227.38 and $260.60. This is where the waves V in beige, (V) in blue, and [1] in lime green are expected to find their common peak, followed by a new, significant correction phase. Consequently, we consider the red zone a suitable range to enter on the short side, with a stop set 1% above the zone's upper edge to aid in risk management. We also consider a 33% probability that the lime green wave alt.[1] already completed at $212.16. This alternative scenario would be confirmed by direct sell-offs below the $145.50 support.
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
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🚀 Spot trends early with momentum, sentiment & price structure
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관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.