Hi mates sharing Nvidia chart, as we can see on this provided chart that price gives an ascending triangle pattern breakout and very well sustaining above so we can assume that is a triangle breakout and can go long in it, current setup is looking good by the risk to reward ratio as the triangle resistance will act as a good support on closing basis potential target (474 levels) measured from the triangle height with taking the swing highs and low.
It can go for a breakout retest too so the entry here or there depends on the choice or setup on trader sharing below by chart image
KINDLY NOTE-: This is not and trade or investment advice.
Best Regards-: Amit (AR)
It can go for a breakout retest too so the entry here or there depends on the choice or setup on trader sharing below by chart image
KINDLY NOTE-: This is not and trade or investment advice.
Best Regards-: Amit (AR)
Comment:
Got a good momentum after posting now hoping this will continue in wanted direction
Trade closed: target reached:
Played momentum! mentioned target in idea reached, Cheers.
