I decided to revisit the NVIDIA chart to identify what is going on with the slowdown Euphoria movement for potential reversal. What I found was a rising wedge pattern. The liquid grab from 2 days ago confirmed it, as the trajectory was over extended. It was easy for bears to drag the price back down as no one was expecting such upside movement.
If NVDIA breaks below Or above the edge patterns I then look for support and resistance entry point.
If NVDIA breaks below Or above the edge patterns I then look for support and resistance entry point.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.