We are now just a point from my long held target of a double top, in what I am counting as an irregular (B) of intermediate degree.
Since price is behaving accordingly, I will not expand on what I have been forecasting for some time except to say that if shorting Nvidia in this area (as with any trade) make sure you are using stops...but best to wait for 5 micro waves down, followed by a micro corrective retace for the ideal set-up.
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.