🔍Analysis:
Following up from a previous breakdown, NVIDIA has now tapped into a high-probability Weekly Order Block (OB) just above the sell-side liquidity zone at $88.97. This level also aligns with a structural area of support, making it a prime zone for a potential bullish reversal.
Key signs:
Price is showing early signs of displacement from the OB.
If this zone holds, we could be looking at a 77% move back up to the buyside liquidity at $157.92.
Watch for a strong weekly candle close above $96.30 to confirm the bounce.
🛑 Invalidation:
If price fails to hold this OB and breaks below $88.97, expect a deeper move into the $76.06 zone.
💡 Summary:
Patience is key. We’re sitting on a solid base for a potential bullish push — now it’s all about the confirmation candle. 📊
DYOR — Don't just HODL, study the chart!
Following up from a previous breakdown, NVIDIA has now tapped into a high-probability Weekly Order Block (OB) just above the sell-side liquidity zone at $88.97. This level also aligns with a structural area of support, making it a prime zone for a potential bullish reversal.
Key signs:
Price is showing early signs of displacement from the OB.
If this zone holds, we could be looking at a 77% move back up to the buyside liquidity at $157.92.
Watch for a strong weekly candle close above $96.30 to confirm the bounce.
🛑 Invalidation:
If price fails to hold this OB and breaks below $88.97, expect a deeper move into the $76.06 zone.
💡 Summary:
Patience is key. We’re sitting on a solid base for a potential bullish push — now it’s all about the confirmation candle. 📊
DYOR — Don't just HODL, study the chart!
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.