NVDA well on the way to break 1000 Psych Target!

7 may 2024

GREEN TrapZone is back and UMVD Picked the end of retrace perfectly. We have a bit of steep angle 4 but it just means UNTIL we break it - we have very strong momentum up.

Angle 1 from the recent downtrend is close by, so it will be short term target, as loong as we have Green BARS and GREEN UMVD !

7 may 2024

Nota

Here is a closeup

10 may 2024

Nota

Red UMVD pulling the price lower, Angle 3 is broken, Next support will be the Angle 2 UP. Bars are GRAY so wait for GREEN Bars for momentum entry

13 may 2024

Nota

Price didn't reach Angle 2 and so I have adjusted the Angle 3 for now. Since we don't have GREEN BARS OR GREEN UMVD, stay neutral if you are not long already.

14 may 2024

Nota

14 may 2024

Nota

Always use Renko with UMVD and TrapZone Pro to get the fine tuned analysis.

15 may 2024

Nota

We reached angle 1, possible resistance here

17 may 2024

Nota

Back to angle 2 for support.

21 may 2024

Nota

flirting with angle 1 again with GRAY BARS and RED UMVD. lets see if we get GREEN come back or not.

22 may 2024

Nota

climbing angle 2 and stuck between the resistance. I believe they will pop up !!!
UMVD is RED means selling so thats a reason for being skeptical

22 may 2024

Nota

Its OVER :) 1100 will be short the target.
Closing this idea

22 may 2024

Operación cerrada: objetivo alcanzado