NVIDIA - Found the Lost Island - Down to 280

Hello Traders,

Time for correction on #NVIDIA,
It has found the lost island, and it will correct to
U$ 280
1 or 2 ways, it may follow, but either way it will correct,
so if anyone is trading this, becareful and you should be,
at least, taking profits from your trade.

Which way do you think it will go,
let me know in the comments,

Good luck and Good profits

MW

Comment:

Since we now can see a lost island, we can say there is a 90% chance it is about to start the real correction. But, I would not go all in, because, even though, there are two ways to go, 1 or 2, which one do you think is more probable?

Comment:

As you can see at the bottom of the chart - CMF - chain money flow is making a downtrend, and that means whales are slowly taking profits. Whales cannot sell it all at once, as retail does, so they need to proceed that way.

Comment:

Being a Trader is one of the most difficult work in the world, because, most of the job you deal with past information, and that is it, but in the trading world you need to predict and find out what is the probability of the next possible move.

Also, we will never have a 100% perfect prediction situation and that is another difficult part of the job, to deal with it and make sure we are safe, even if the market chooses the opposite direction from the one we chose.

Chart patterns can help us find the most probable situation, and the Lost Island reversal pattern is a candlestick pattern in stock trading that helps traders to predict future price direction.

This pattern indicates a possible reversal of a prevailing trend.

The pattern is usually formed after a quick reaction or rally and is separated from the previous move by an exhaustion gap, and from the move in the opposite direction that follows a breakaway gap.

This results in isolated data points that are separated by gaps, hence the name island pattern. The exhaustion and breakaway gaps usually occur at about the same level.

Comment:

What do we need to see to confirm the Island Chart Pattern? Let me know in the comments?

Trade active:

hello traders, in order to confirm the Island Chart Pattern a broke island floor, so still is not the best time to enter short, if you do, make sure you have leverage, because it is possible to happen another jump from FOMO.

But now, FOMO is in divergence from Money Flow - looks good.

Trade active:

#VIX - volatility index
Huge Volume incoming and making a trend.
If trend continues, will hit hard on #NVIDIA - because it will be the end of FOMO breath, since Institutional Investors (whales) start the heavy unload.
Probably there will not happen any other FOMO volume, and from here, the only way is down.

Good luck and Good Profit

Comment:

NASDAQ - TSLA - NVDA
opens with GAP DOWN
We have one more indicator to confirm the island chart pattern.

Hold on traders.

Trade active:

Hello traders,
We have a Bull Trap on Nasdaq Future
confirmed
one more signal of a reversal.

Hold on Traders,

Comment:

Could #OIL price influence in any way the stock prices?

Let me know in the comments.

If you think it could, then I tracked a reversal pattern, that could happen very soon.

Comment:

NASDAQ GAP CLOSED
stay tunned.

Trade active:

Market is about to close the week with a daily candle
inverse hammer.

That is reversal ahead! Stand by for more updates.

Comment:

#VIX is on a uptrend
on monday it has to go up, to keep the trend
If that happens it will be bad news for #NVIDIA.

Comment:

Daily candle on #NVIDIA closed with an inverse hammer.

Reversal Ahead.

Trade active:

So, there was another leg up and now we have a floor, if broken that will be the start of the fall.

1st target 350
2nd target 277

I have entered short trades.