$NVDA Perp: short-the-bounce plan
Trend is still bearish. NVDA is down ~32% from its October high, 1D and 4H keep printing lower highs, and the bounce from the 149 sweep is fading under 1H supply.
Day-trade plan:
Entry: DCA short 166–168, add 169–171 Stop: above 175 (over the 1H order block) Targets: 160 → 155 → 150–152 Invalid: 1H close above 171 and holding
Why not now? Price is mid-range near 164, so there is no edge. Wait for the zone.
News risk: Nvidia reports earnings on Nov 17 after the US close. The stock already fell on the AI-chip sell-off and a board probe tied to reports about its CEO. Expect gaps, keep size small, and avoid heavy leverage over the weekend.
Not financial advice. Manage your risk.
$NVDA
#NVDA #Futures #TradingPlan
Trend is still bearish. NVDA is down ~32% from its October high, 1D and 4H keep printing lower highs, and the bounce from the 149 sweep is fading under 1H supply.
Day-trade plan:
Entry: DCA short 166–168, add 169–171 Stop: above 175 (over the 1H order block) Targets: 160 → 155 → 150–152 Invalid: 1H close above 171 and holding
Why not now? Price is mid-range near 164, so there is no edge. Wait for the zone.
News risk: Nvidia reports earnings on Nov 17 after the US close. The stock already fell on the AI-chip sell-off and a board probe tied to reports about its CEO. Expect gaps, keep size small, and avoid heavy leverage over the weekend.
Not financial advice. Manage your risk.
$NVDA
#NVDA #Futures #TradingPlan
