More traders trap on this move on NVDA,
The deviation on previous high is trapping the buyers.
Now the sellers are trap too.
Real moves has make new trendline on daily.
The heatmap shows nothing burger or sellers being spotted.
Im expecting 550$ to its high. but Fibonacci at 161 percent since this move price would be 670$.
But im not expecting that high.
This idea base on both sellers and buyers deviation.
As we can see the bulls keep pushing its price.
If youre a shorts. wait for a deviation again. with lower high and LOwer Low to be made.
This is not a financial advice.
Follow for more
The deviation on previous high is trapping the buyers.
Now the sellers are trap too.
Real moves has make new trendline on daily.
The heatmap shows nothing burger or sellers being spotted.
Im expecting 550$ to its high. but Fibonacci at 161 percent since this move price would be 670$.
But im not expecting that high.
This idea base on both sellers and buyers deviation.
As we can see the bulls keep pushing its price.
If youre a shorts. wait for a deviation again. with lower high and LOwer Low to be made.
This is not a financial advice.
Follow for more