🔸️Ticker Symbol: $NVDA timeframe: 15M 🔸️Bearish Pattern 🔸️Investment Strategy: Short
TECHNICAL ANALYSIS: With the expectation that we will get a bit of a bounce in the markets on Tues, following the end of last week selloff; maybe NVDA will follow suit and find some strength into the higher Order Block around 139.13-139.45. With the bearish sentiment leveraged into this next week; I'd expect to see a rally into the Order Block level and rejection to create a LL swing beneath 132.70; this set up is short term, and could happen as early as Tue.
Strictly using Trendsi ATS/ Dashboard/ Regression Channel; we are currently sitting neutral, with MM from the dashboard moving higher; which indicates money coming in to push price higher; at least in the short term.. but come Tue, I will be looking to execute an intraday trade/ swing puts on NVDA if price runs into the 15 minute order block.
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⚠️ Trading is risky, and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. All Inclusive Trading LLC is not a financial advisor and may not be held liable for any losses which may occur.
TECHNICAL ANALYSIS: With the expectation that we will get a bit of a bounce in the markets on Tues, following the end of last week selloff; maybe NVDA will follow suit and find some strength into the higher Order Block around 139.13-139.45. With the bearish sentiment leveraged into this next week; I'd expect to see a rally into the Order Block level and rejection to create a LL swing beneath 132.70; this set up is short term, and could happen as early as Tue.
Strictly using Trendsi ATS/ Dashboard/ Regression Channel; we are currently sitting neutral, with MM from the dashboard moving higher; which indicates money coming in to push price higher; at least in the short term.. but come Tue, I will be looking to execute an intraday trade/ swing puts on NVDA if price runs into the 15 minute order block.
🔔 Follow for daily stock, crypto and forex technical analysis .
⚠️ Trading is risky, and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. All Inclusive Trading LLC is not a financial advisor and may not be held liable for any losses which may occur.