NVDA ShortNVDA is currently exhibiting short-term bearish order flow on the 15-minute chart, with price making lower highs and lower lows following a clear CHoCH (Change of Character) to the downside. The current leg suggests continued weakness as price retraces toward the highlighted bullish order block around the 156.20–157.00 range, aligning closely with the 50% equilibrium level of the last bullish impulse.
This area represents a high-probability demand zone where we anticipate a potential bullish reaction. A confirmation entry (e.g., bullish BOS or lower timeframe CHoCH within the OB) will be required to validate a long setup from this zone. Should confirmation present itself, upside targets can be trailed back toward recent highs near 159.00–160.00.
Risk Management Note:
Always wait for confirmation before entering against the prevailing short-term trend. Use a well-defined stop-loss below the order block and calculate your position size based on your overall risk tolerance (typically 0.5–1% of account equity per trade). Avoid overleveraging, and remember that patience and discipline are key to capital preservation.
