NVDA | Buy the Dip — Loading for the Liquidity Above

📊 Daily Timeframe
On the Daily, #NVDA (NVIDIA Corp.) remains in a clear uptrend and is currently in a pullback phase. After an impulsive push higher, price is simply rebalancing before its next leg up — this is a correction inside a bullish structure, not a reversal.

Crucially, price has now pulled back below the 50% mark of the bullish impulsive wave (the 0.5 equilibrium sits at $200.33) — placing it firmly inside the discount zone. This is exactly where smart money looks to load longs at a premium price, rather than chasing the highs.

From here, two clean scenarios are in play:

• Scenario A: Price continues higher directly from the current discounted zone into the Order Block (OB) at $194.77 – $201.24, then pushes on.
• Scenario B: Price dips a little deeper into the OB below at $181.01 – $185.66, then resumes the climb from there.

Either way, the destination is the same: the buy-side liquidity resting above at $236.44. The bullish thesis stays valid as long as the Protected Low at $164.22 holds — with the deeper OB at $164.42 – $169.68 as the final line of defense.

⏱️ 1H Timeframe

On the 1H, price was in an uptrend and is now correcting — but importantly, it has NOT broken its protected low. During this correction, price was sliding inside a descending channel and has now given an early break of it.

The trigger: we want to see price break $211 with a clean body close — that completes a CHoCH, followed by a confirming iBOS. That sequence is our green light to enter long on the pullback, targeting the daily buy-side liquidity above.

🎯 The Game Plan

1. Watch the current discount zone / Daily OB ($194.77 – $201.24) for a direct bounce, or allow a deeper tap into the OB below ($181.01 – $185.66).
2. On the 1H: wait for a clean body close above $211 (CHoCH), then a confirming iBOS.
3. Enter long on the pullback — targeting the daily BSL at $236.44.
4. Invalidation: a decisive close below the Protected Low at $164.22.

📰 Fundamental Backdrop
The setup lines up with a supportive backdrop for NVIDIA. At the Computex 2026 keynote in early June, CEO Jensen Huang unveiled new chips broadening the company's addressable market, and analysts have stayed constructive on the AI-infrastructure buildout into 2027. With the broader trend still pointing to expanding demand, the current pullback reads more like an opportunity into discount than a shift in the bigger picture — exactly the backdrop you want when buying a dip in an uptrend.

This analysis will be updated as the market evolves.

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Best Regards, BigBeluga 🐳