$NVDAB Long Idea: Oversold Bounce | Est. PNL +14.0%
What the 4H chart shows: 4H RSI is in the oversold zone. Momentum check: 4H RSI 28.7 (oversold).
Where it gets interesting
▪️ Entry zone: 159.60 - 161.29 USD
▪️ Target: 183.36 USD (range high)
▪️ Invalidation: 4H close below 152.68 USD
▪️ Risk/Reward: 1 : 2.9
Est. PNL to target: +14.0% | to invalidation: -5.1% (price move from 160.81 USD, before fees and leverage)
A 4H close below 152.68 USD cancels the idea. Chart idea only, not a position I hold.
Would you take this one, wait for more, or stay out? Tell us why below.
Not financial advice. Always DYOR.
Like & Follow for Daily Trade Analytics & Insider News. @MistralAK
#NVDAB #TrendingTopic #TechnicalAnalysis
What the 4H chart shows: 4H RSI is in the oversold zone. Momentum check: 4H RSI 28.7 (oversold).
Where it gets interesting
▪️ Entry zone: 159.60 - 161.29 USD
▪️ Target: 183.36 USD (range high)
▪️ Invalidation: 4H close below 152.68 USD
▪️ Risk/Reward: 1 : 2.9
Est. PNL to target: +14.0% | to invalidation: -5.1% (price move from 160.81 USD, before fees and leverage)
A 4H close below 152.68 USD cancels the idea. Chart idea only, not a position I hold.
Would you take this one, wait for more, or stay out? Tell us why below.
Not financial advice. Always DYOR.
Like & Follow for Daily Trade Analytics & Insider News. @MistralAK
#NVDAB #TrendingTopic #TechnicalAnalysis
