NVIDIA - Losing strength?
SHORT - NVDA
SL: 221.38 (Suggested by our algorithmic system)
TP: 203.25 (Suggested by our algorithmic system)
Reasons behind this idea:
1. Price reaching resistance zone
2. Predicting price is on a downtrend channel
3. Volume indicators starting to look weak on the 4 hr chart
Trade idea from our mobile app: ibb.co/9ct1dcS (Timestamp is in Australian Sydney Time UTC+7)
Please trade responsibly and good luck!
---------- Chart Drawings ----------
Blue Dotted Line: Broken Support Trendline
Red Dotted Line: Broken Resistance Trendline
Blue Solid Line: Support Trendline
Red Solid Line: Resistance Trendline
Blue Rectangle Box: Support Level
Red Rectangle Box: Resistance Level
Blue Arrow Line: Bullish Divergence
Red Arrow Line: Bearish Divergence
Red Shade Box: Suggested Stoploss by our algorithmic system
Green Shade Box: Suggested Stoploss by our algorithmic system
SL: 221.38 (Suggested by our algorithmic system)
TP: 203.25 (Suggested by our algorithmic system)
Reasons behind this idea:
1. Price reaching resistance zone
2. Predicting price is on a downtrend channel
3. Volume indicators starting to look weak on the 4 hr chart
Trade idea from our mobile app: ibb.co/9ct1dcS (Timestamp is in Australian Sydney Time UTC+7)
Please trade responsibly and good luck!
---------- Chart Drawings ----------
Blue Dotted Line: Broken Support Trendline
Red Dotted Line: Broken Resistance Trendline
Blue Solid Line: Support Trendline
Red Solid Line: Resistance Trendline
Blue Rectangle Box: Support Level
Red Rectangle Box: Resistance Level
Blue Arrow Line: Bullish Divergence
Red Arrow Line: Bearish Divergence
Red Shade Box: Suggested Stoploss by our algorithmic system
Green Shade Box: Suggested Stoploss by our algorithmic system
Trade fechado: stop atingido
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.