NVDA is at the end of Wave C and READY for BULL RUNNVDA is at the end of Wave C and READY for BULL RUN Target price for short term is 120$ and 150$ for long term. Should be around 190$ before the next CorrectionLongby JobZZ1116
Isn't if funny how NVDA is converging on the election?long term wedge pattern playing out...appears to point to the day before the American election. Coincidence?by rockcharts_1
Opening (IRA): NVDA Oct 18th 82/92/118/128 Iron Condor... for a 3.33 credit. Comments: High IV with earnings in the rear view ... . Metrics: Buying Power Effect: 6.67 Max Profit: 3.33 50% Max: 1.67 ROC at 50% Max: 24.96% Will generally look to take profit at 50% max; roll in sides on side test.by NaughtyPinesUpdated 229
NVDA: Two situationsOn NVDA we are faced with two situations. If the resistance line is broken forcefully by a large green candle we would have a high probability of seeing the market rise. On the other hand, if the support line is broken forcefully by a large red candle we would have a high probability of seeing the market fall.by PAZINI194
Is NVDA ending a Wave (B) or are we starting the last Wave (5)?Let’s first define what Wave 5 is to assess whether we’re still in one. Personality Wave 5 is generally less dynamic than Wave 3 in terms of breadth. As Wave 5 progresses, optimism runs extremely high despite the narrowing of participation. The retail public becomes increasingly interested, fueling this final leg higher. Signs of an optimistic herd mentality are everywhere. The price action in Wave 5 tends to be more sluggish than in Wave 3, and there may be divergence patterns between the two waves, often highlighted by indicators like the Awesome Oscillator (AO), Stochastic, and Relative Strength Index (RSI). Commercials and institutions typically enter early, during Waves 1 and 3, while the retail public jumps in later, during the Wave 5 phase. At this point, there’s no one left to push prices higher. Key points to remember: Wave 5 of an impulse consists of 5 sub-waves, which follow the same rules and guidelines as it is part of a fractal structure. Divergences between volume and price are a reliable clue in the fifth wave. Volume should increase and remain fairly well-maintained, with little additional price progress, signaling a potential reversal. Rules Impulse • Wave 5 always subdivides into an impulse or an ending diagonal. • Waves 1, 3, and 5 are never all extended simultaneously. Diagonal • Wave 5 can form an ending diagonal. • Wave 5 always ends beyond the end of Wave 3 in a leading diagonal. • Wave 5 is always shorter than Wave 3 in a contracting diagonal. • Wave 5 is always longer than Wave 3 in an expanding diagonal. • Wave 5 always ends beyond the end of Wave 3 in an expanding diagonal. Guidelines Impulse • Wave 5 sometimes doesn’t surpass the end of Wave 3 (this is called truncation). • Wave 5 is the second most common extended wave, particularly in commodities markets on daily and weekly charts. • Wave 5 tends to equal Wave 1 when Wave 3 is extended. • When Wave 5 is extended, it is often in Fibonacci proportion to the net travel of Waves 1 and 3, typically 161.8%. • If Wave 3 is not extended, Wave 5 is unlikely to form an ending diagonal. Diagonals • Wave 5 of a leading diagonal usually subdivides into zigzags but may also appear as an impulse, along with Waves 1 and 3. • When Wave 5 follows a triangle, it is typically either a brief, rapid move or an exceptionally long extension. • Wave 5 usually ends at or slightly beyond a line connecting the ends of Waves 1 and 3 (this extended move is known as a throw-over in a contracting diagonal). • In an expanding diagonal, Wave 5 typically ends just before reaching the line connecting the ends of Waves 1 and 3. Channels • Use a deceleration channel to identify when Wave 5 is in progress. Extended Waves If both Waves 1 and 3 were regular, it’s likely that Wave 5 will extend. An irregular correction is often seen at the end of an extended Wave 5, which is prone to what’s known as double retracement. If Wave 4 was an irregular correction, you can be fairly certain that Wave 5 will extend. While it’s rare for two sub-waves to extend, it is common for both Waves 3 and 5 to extend when they are of Cycle or SuperCycle degree and occur within a fifth wave of a higher degree. Fibonacci Ratios • Wave 5 is often 0.618 times the length of Wave 1. • Wave 5 is often equal to Wave 1. • Wave 5 is often 127.2% of Wave 4. • Note that the orthodox end of Wave 4 can differ from the extreme of Wave 4. Conclusion: We’re clearly in a herding phase, but it’s been that way for several months. There’s significant insider selling in NVDA, and it seems investors are starting to realize that AI’s impact on the market isn’t as strong as the narrative suggested. Personally, it’s hard for me to determine whether we’re in Wave B or Wave 5—the next few weeks should clarify the situation. I prefer to wait for confirmation before making a safe short bet. As for going long, I’ll stay away for now—prices are just too high.Shortby integer256224
NVDA- Will the tides change?In the 4-hour chart, I’ve labeled key Wyckoff phases that suggest NVIDIA is currently undergoing a redistribution process. They will be explained in this idea. The chart also highlights the presence of unrecovered green vector candles, which often represent market makers' or institutional shorts that they may want to recover. This analysis is not taking into consideration any news or earnings info. This is based off what I see in the chart, and my knowledge as an Astrologer. Let’s dive into the details: Wyckoff Analysis Preliminary Supply (PSY): The initial area where selling pressure began to emerge, halting the previous uptrend. This suggests that larger players started to distribute their holdings. Selling Climax (SCLX): Following the PSY, this phase marked a sharp decline as selling pressure intensified, leading to a temporary bottom where selling reached its peak. Automatic Reaction (AR): After the selling climax, the price experienced a brief rally, marking the upper boundary of the distribution range as buyers temporarily gained control. Secondary Test (ST): The price returned to test the levels near the SCLX, confirming the distribution phase as supply continued to outweigh demand. Upthrust After Distribution (UTAD): This final push upwards likely trapped late buyers before supply completely overwhelmed demand, causing the price to start moving downward again. This is often a strong indicator that the distribution phase is nearing its end. Current Situation NVDA is currently near the top of the distribution range, where the UTAD has formed. The consistent rejection at the Supply Line reinforces the likelihood of further downside. It seems that buy volume has been gradually decreasing, while price has been rising, signaling a divergence. Additionally, the presence of unrecovered lime green vector candles below indicates potential targets where market makers or institutions might look to recover their shorts, typically areas of interest for price action to revisit. Key Level to Watch Before considering the more distant price targets, the first and most critical level to focus on is the 50% retracement of this up move ($111). If NVDA reaches this level and breaks below it with strong momentum, it would confirm a bearish scenario and suggest further downside. However, if the price bounces off this level, it could indicate a potential recovery and move higher, challenging the bearish outlook. Future Path The speculative path drawn on the chart suggests the following: NVDA may break below the current range and head towards the Demand Line or the support levels below. The price could go find the Preliminary Support levels around $75-$65 before any significant movement occurs. Price may range between these levels and $90 for some time. The lower levels of support, particularly around $65-$75, are crucial as they represent areas where significant buying might re-emerge. Mercury Retrograde Influence It’s worth noting that we are currently in a period of Mercury retrograde, which began on August 5th and ends on August 28th. While this might seem unorthodox, my research has shown that certain stocks, including NVIDIA, have a tendency to experience trend reversals following the conclusion of Mercury retrograde periods. As the retrograde ends on August 28th, I expect to see a reversal in NVIDIA’s price action shortly thereafter, which aligns with the potential end of the redistribution phase. by OnlyProfits888Updated 6
NVDA consolidation breakoutNVDA MACD histogram already turned up. FOMC behind us with the rate cut as expected.Longby Leinad11243
NVDA: Buy ideaBuy idea on NVDA as you can see on the chart because we have the breakout with force the vwap and the resistance line.Longby PAZINI19118
NVDA: Buy ideaBuy idea on NVDA as you can see on the chart beacause we have the breakout with force the vwap and the resistance line.Longby PAZINI19444
3 Pro Tips for Managing Losing Trades,Risk, Emotions & StrategyManaging losing trades is an essential part of trading, whether you're involved in stocks, forex, or any other financial market, we have all heard traders say I haven't ever taken a loss before my strategy has 100% win rate blah blah ok really, even the best traders in the world take losses, as humans we naturally don't like to lose but in trading its a part of doing business. Here are three in-depth tips to help manage losing trades effectively: ### 1. ** Develop and Stick to a Risk Management Plan ** A risk management plan is your primary defence against significant losses. The key components include position sizing, setting stop-losses, and managing risk-reward ratios. - ** Position Sizing **: Always ensure that you're not risking too much of your capital on a single trade. A common rule is to risk no more than 1-2% of your trading capital on any given trade. This way, even if you hit a streak of losses, your account can recover. - ** Set Stop-Loss Orders **: A stop-loss is a predetermined point where you exit a trade to prevent further losses. This should be set based on your analysis and not emotions. Many traders use technical levels like support and resistance or a percentage-based rule (e.g., 2-5% below the entry price). However, it’s essential to place the stop at a level that aligns with market conditions, rather than placing it arbitrarily. - ** Risk-Reward Ratio **: Aim for a risk-reward ratio that makes sense in the long term (e.g., 1:2 or 1:3), meaning that for every dollar you risk, you aim to gain two or three. This ensures that even with a lower win rate, your winning trades can outweigh your losses. ### 2. ** Detach from Emotional Biases ** Emotions like fear, greed, and frustration can cloud judgment, leading to poor decision-making during losing trades. Psychological discipline is crucial to protect against these common pitfalls. - ** Avoid Chasing Losses **: After a losing trade, many traders try to "win back" what they lost quickly, often leading to overtrading or taking high-risk trades. This is called "revenge trading" and can exacerbate losses. Take a step back, assess the situation, and only enter new trades that meet your criteria. - ** Accept Losses as Part of the Process **: Losing trades are inevitable. Successful traders view losses as an expense or cost of doing business. They understand that even the best trading strategies have losing streaks. Accepting this reality helps you avoid emotionally driven decisions. - ** Maintain a Trading Journal **: Keeping track of both winning and losing trades can help you identify emotional patterns. Record why you took the trade, the results, and how you felt during the trade. This reflection can provide insight into emotional triggers and help you make more rational decisions in the future. ### 3. ** Adjust Your Strategy Based on Market Conditions ** Markets are dynamic and constantly changing. What works in one market environment may not work in another. Regularly review and adapt your trading strategy to current market conditions, particularly after losing trades. - ** Assess Trade Context **: After each losing trade, conduct a post-trade analysis. Did the trade fail due to poor market conditions, execution errors, or a flaw in your strategy? Recognising these patterns can help you tweak your approach and avoid repeating the same mistakes. - ** Diversify Your Strategy **: Relying too heavily on one trading approach or asset class can increase the likelihood of losses during unfavourable conditions. Consider diversifying your strategies (trend following, mean reversion, etc.) and the assets you trade. This spreads risk and can stabilise performance during market volatility. - ** Cut Losses Early When Conditions Change **: If the market conditions that supported your trade change significantly, don’t hesitate to exit the trade, even before hitting your stop-loss. For example, news events or shifts in sentiment can render your trade idea invalid. Being flexible and willing to exit early when your initial reasoning no longer holds is essential. By applying a robust risk management plan, controlling emotional biases, and regularly adapting your strategy to current market conditions, you can navigate and limit the damage of losing trades.Educationby Costy1322146
NVDA is on Wave CNVDA is on around Wave 3C falling to around 109 - 110 Before LTD roughly around 21-25 SeptLongby JobZZ4423
Is NVDA the catalyst for the market?NVDA just had a bearish crossover of the 20 & 50 MA (Daily chart) Last time we saw this bearish moving average formation was in early August. NVDA proceeded to fall sharply in the coming days. All eyes on the market leader. All eyes on the QQQ. Will the Q’s be the demise of SPY? If Nvidia sees anymore weakness you can be sure it will have other semis following suit. Risk to reward in the near term is clear.Shortby Trading-Capital9
NVIDIA's Four-Hour Dip: A Macro Correction or Bigger Shift UPGood afternoon or evening, traders! What a rollercoaster of a day! The market followed our expectations—correcting, then taking a dive. But wow, did anyone expect that explosive breakout at 9:30 am? That’s the thrill of the open! In this video, I'm staying neutral, but here’s what we need to watch: a breakout above 119-120 opens the door to 140 and beyond—a very real possibility. On the flip side, a dip below current levels could see us exploring the 90 range. Something to keep in mind! Thanks for watching, and apologies if I sound a bit tired—it’s been an intense day. Happy trading, and let’s keep riding those waves! MB Trader12:18by Mindbloome-Trading332
NVIDIA Corporation (NVDA) short term outlookNASDAQ:NVDA is currently trading within a downward sloping channel (flag)downward-sloping, approaching a key resistance level. A breakout from this consolidation could lead to a potential upward move, especially as it tests the upper boundary of the channel. Watching the volume and how the stock interacts with the moving averages will be critical in confirming any breakout or reversal in momentum. Longby TraderhrTrading10
NVDA: The main reversal points - D & W charts.Daily Chart: The price has retraced to the 50% Fibonacci retracement area around $115, showing a potential area of temporary support near the 21-day EMA. This is often viewed as a significant retracement level where price can consolidate before deciding its next move. Resistance is clearly visible around $120.79, which aligns with both the 61.8% Fibonacci retracement and a recent high, making this a critical level to watch for any potential upward continuation. The 21-day EMA (blue line) is sloping downward, which signals that the price is still under some downward pressure. For any significant bullish momentum to continue, the price needs to break above the 61.8% Fibonacci level ($120.79). If the price fails to hold the 50% level and drops lower, the next key support is around the 38.2% Fibonacci level at $112, followed by the recent low near $100. Weekly Chart: On the weekly chart, the price is trading within an ascending channel, and the price action remains within this bullish structure. A notable pattern, "Above the Stomach," has formed, which is generally considered a bullish reversal signal. This pattern indicates that buyers stepped in after a significant sell-off, pushing the price higher within the week. The long-term trend remains intact as the price is still above the 21-week EMA, which continues to slope upwards. As long as the price remains within the ascending channel, the overall bias will likely remain positive. However, the price may face resistance at $120.79, which aligns with both the daily resistance and the high of the above the stomachh candlestick pattern. Conclusion: The key level to watch on the upside is $120.79, which, if broken, could lead to further bullish momentum. On the downside, holding the 50% retracement level ($115) is critical. If the price fails to hold here, further retracement toward $112 or even $100 could be expected. The long-term structure still supports a bullish outlook, but confirmation of strength is needed for the next move higher. For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions. Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation. “To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore All the best, Nathan.by Nathan_The_Finance_Hydra14
Bull Pennant on the 4HRBull Pennant on the 4HR.. With the Fed rate decision looming, good news could spark the fuse on this. Longby impossiblebull6
NVDA MICRO ANALYSIS TO LOOK FOR ON WHERE WE ARE GOING Good evening traders, It's super late here; however, I wanted to inform you of some levels with this video to give you the information needed to make a better trade. Based on what I see, we can do the following: -Correct up to the middle pitchfork area and head back down. -Correct up to the 50%, 61.8%, or 78.2% fib line and back down. -Break all those levels up and keep going to 145. Let me know what you think of the video: questions, comments, what you liked, didn't like—let me know in the comments below. Happy hunting, MB TraderLong08:35by Mindbloome-Trading3
NVIDIA _ Corporation_ Trading _ Entry _ Strategy + Update _ on _NVIDIA _ Corporation_ Trading _ Entry _ Strategy + Update _ on _ Previous _ Numbers. Numbers pretty much stay as same as previous published, same as 12 will come again tomorrow! Retest = Entry level depending on a support confirmation over previous resistance = Yesterday. Most likely will start ascending from the following key level, $112.54 to $109.92. ________________________ 1st Trade executed level = $124 follow by $128.93 Lower Mid Retest then will finish at the 1st Distribution price = $137.78. ________________________ Watch for lower data as there is a small Retest is missing = Purpose of repeat cycle over Quarter 2 for arrival of Quarter 4! by Skill-Knowledge-Conduct2
NVDA continues to show more selling aheadNVDA has clearly finished its brief rally failing to reach long term resistance level. A new downtrend has commenced first broke under its upward trend and failed to regain new downward trend formed, attempted to break above but failed and sold off volume has increased as the sell off continues solidifying the downward trend RSI validate the sell off by also steadily trending down as the price moves lower We should expect NVDA to continue with its sell offShortby ratchet-mint8
NVDA covered callLove this area. IF NVDA DROPS, I'll buy more shares! But, I wanted to take advantage of the volatility of FED coming up. GETTING $2.00 is amazing. I'll set a limit buy to purchase this back for $.78 Longby Reallifetrading336
NVDA 4 hour : How High Are We Going????Good morning Traders Today's quick video I look at the four hour approach on the different things this market can do: 1) We go the top then retrace down 2) We break the Top and then retrace then back up to 122 range 3) We hold on the top and then we make a tight triangle holding this market in then we see a break up or down Enjoy the video Any comments or questions let me know Happy Hunting MB Trader 09:32by Mindbloome-Trading224
NVDA is the Biggest and Badass Consolidation PatternNVDA is inside the biggest and most impressive symmetrical triangle I've seen in a long time. As it's also known as a continuation pattern, there is a higher chance of a breakout, potentially reaching an all-time high very soon. The RSI and MACD, after showing significant bearish divergences, are now stable and indicate the possibility of a new upward move. The MACD has a positive cross and green candle. If NVDA gathers strength and volume to break above the upper trend line, we could see a very powerful and aggressive move beyond 150. On the other hand, if the breakout fails, it may indicate that NVDA has reached a high that won't be surpassed for years or even decades. In my assessment, there is an 80% chance of a breakout to a new all-time high due to several factors: positive momentum, a likely rate cut by the Fed, the cooled-down RSI and MACD, the fact that this is a continuation pattern and not a reversal, and most importantly, the Advance-Decline line has already made a higher high while SPY has not, which is very bullish for stocks.Longby Consistent_Trades1127
NVDA - Key Observation and Forecast for Next Trading DayI will break down the key observations, possible chart patterns, and the forecast for the next trading day. Here’s a detailed outlook: 1. Current Pattern: Symmetrical Triangle Formation The chart displays a symmetrical triangle pattern, with price currently near the apex. This signals a potential breakout as the price narrows. 2. EMA 9 Support The EMA 9 line is currently positioned around $114.91, acting as dynamic support. The price is trending above this level, which shows a bullish bias, provided it holds. 3. VWAP Session: Near Current Price The VWAP session value is $116.30, which is near the current closing price. This could serve as a point of price equilibrium, suggesting that the market is currently balanced. 4. Resistance Level: Upper Trendline The upper trendline of the triangle sits around $119.97. This is a critical resistance level, and a breakout above this could signify a strong bullish move. 5. Support Level: Lower Trendline The lower trendline of the triangle, around $114.00, will act as support. If the price breaks below this level, a bearish move could ensue. 6. Symmetrical Triangle Implication Symmetrical triangles usually imply consolidation before a major move. The direction of the breakout—either above resistance or below support—will determine the future trend. 7. Candlestick Outlook for Tomorrow (Daily) The next day's candlestick is likely to be indecisive if the price remains within the triangle. Expect a small-bodied candle (spinning top or doji) if there's no breakout. If there’s a breakout, expect a large-bodied candle in the direction of the breakout—either bullish or bearish. 8. Breakout Potential The market is near a pivotal point. Given the chart’s symmetrical triangle, we are approaching a breakout. The direction of the breakout will likely be determined by tomorrow’s price action. 9. Expected High for Tomorrow If the price breaks upwards, the expected high could be around $120.50 to $122.00, based on the recent range and triangle’s upper limit extension. 10. Expected Low for Tomorrow If there’s a bearish breakout, the expected low could drop to $113.00 to $111.50, particularly if the lower trendline breaks and sellers take control. 11. Volume Consideration The breakout is more likely if accompanied by a surge in volume. Currently, the volume bars show mixed activity, with no strong volume spike yet. 12. Key Reversal Signals If tomorrow opens with a gap above the triangle, followed by strong buying pressure, a breakout is confirmed. Conversely, a gap down below the lower trendline would confirm a bearish breakdown. 13. Market Sentiment: Neutral with a Bullish Bias The price is consolidating, but the higher lows within the triangle suggest that buyers still have control. A breakout above resistance would confirm bullish sentiment. 14. Candlestick Analysis for Current Day The current candlestick is a small body, which implies indecision. It may signal that the market is waiting for more information (or catalyst) before making a decisive move. 15. Next Move Based on Patterns If the price breaks out upwards, we can expect a bullish continuation targeting previous highs around $124.00 to $127.00. A breakdown could lead to a bearish move to test the $110.00 and $108.00 levels. 16. Technical Levels for Tomorrow Resistance: $119.97 (Upper Trendline) and then $120.50-$122.00 (If breakout occurs). Support: $114.00 (Lower Trendline) and $111.50 (If breakdown occurs). 17. Possible Continuation Pattern If the breakout occurs upwards, this could form a bullish flag pattern, leading to higher highs in subsequent days. 18. Risk of False Breakout Be cautious of a potential false breakout. If the price moves above or below the trendline but quickly reverses, it would be a sign of a false breakout, trapping traders. 19. Impact of Wider Market Trends Broader market sentiment or news can heavily influence the direction of the breakout. Keep an eye on macroeconomic news or earnings reports. 20. Trading Strategy A breakout trader may consider entering positions once the price decisively breaks either the upper or lower trendline with volume confirmation. A conservative approach would be to wait for a retest of the breakout level for confirmation before entering the trade.by l4uren_stew4rt9