NVDA Topping Pattern
Cập nhật
Unlike the previous call, I made in NVDA that was corrective.
This double-top pattern is signaling a reversal pattern.
From a trading perspective, this is a great risk/reward setup that is relatively simple. A CRACK! here will likely lead to at least the right side filling, with the potential deeper pullback (reversal)
If on the other hand, it pops above recent highs then no trade or an easy stop out.
As you all know I don't do targets, I think they are silly and only used to pretend one has such insight not only can they call the move but also a "target" too. Yeah well, I'll leave that to the "experts" ;)
Bulls don't be a dick for tick.
Shorts take some early profits to improve cost basis but let this one ride!
This double-top pattern is signaling a reversal pattern.
From a trading perspective, this is a great risk/reward setup that is relatively simple. A CRACK! here will likely lead to at least the right side filling, with the potential deeper pullback (reversal)
If on the other hand, it pops above recent highs then no trade or an easy stop out.
As you all know I don't do targets, I think they are silly and only used to pretend one has such insight not only can they call the move but also a "target" too. Yeah well, I'll leave that to the "experts" ;)
Bulls don't be a dick for tick.
Shorts take some early profits to improve cost basis but let this one ride!
Giao dịch đang hoạt động
Nothing has changed. the setup is still valid.
Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.