We can see a Good example of a textbook HnS, Good formation, Top of the current trend, Classic.
Although, NVDA has been on an outstanding bull run all year, I will be approaching this cautiously and waiting for a break of current support, Re-test to support now resistance, and good momentum to the downside.
2 TP's, one at previous support level, that will cover the trade, 1;1RR
And the next a good distance away to gain nearly a 3;1RR.
Good luck!!
Although, NVDA has been on an outstanding bull run all year, I will be approaching this cautiously and waiting for a break of current support, Re-test to support now resistance, and good momentum to the downside.
2 TP's, one at previous support level, that will cover the trade, 1;1RR
And the next a good distance away to gain nearly a 3;1RR.
Good luck!!