The possible impulse shown in the last analysis was actually just a correction before the next leg down.
I´m zooming out to the weekly chart, since we seem to be correcting the whole lifecycle of NVDA.
Bulls could come back at 2 major support zones:
First: 132 zone, which is the confluence of demand from waves 3-4 and 61.8% pullback.
Second: 74 zone, which is the confluence of 2019-2020 highs and 161,8% extension on the ABC.
I´m zooming out to the weekly chart, since we seem to be correcting the whole lifecycle of NVDA.
Bulls could come back at 2 major support zones:
First: 132 zone, which is the confluence of demand from waves 3-4 and 61.8% pullback.
Second: 74 zone, which is the confluence of 2019-2020 highs and 161,8% extension on the ABC.
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📈 Experienced Crypto trader
👍 Simple, actionable content
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🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
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👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.