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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🚀 Spot trends early with momentum, sentiment & price structure
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🚀 Spot trends early with momentum, sentiment & price structure
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相關出版品
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。