The technical picture on NVDA is mixed, with a slight bearish lean.
The ranging / consolidation backdrop is doing a lot of the work here.
Where the levels sit: Entry $237.14, SL $238.10, TP1 $236.21, TP2 $235.13, TP3 $234.73.
The engine reads this as SHORT, with lower as the directional path. Model confidence is 35%. Quality grade: tier B, 74/100. That's a 1.02% distance to the last target. Downside probability comes in at 64.8%. Reward-to-risk sits at 2.50:1.
Stop placement is built around swing liquidity plus an ATR buffer, and the regime sets the multiplier.
Reply with your target if you're in on this.
Positions carry risk. Size accordingly.
#NVDA #NVDAUSDT #Short #RangeTrading #Trading
The ranging / consolidation backdrop is doing a lot of the work here.
Where the levels sit: Entry $237.14, SL $238.10, TP1 $236.21, TP2 $235.13, TP3 $234.73.
The engine reads this as SHORT, with lower as the directional path. Model confidence is 35%. Quality grade: tier B, 74/100. That's a 1.02% distance to the last target. Downside probability comes in at 64.8%. Reward-to-risk sits at 2.50:1.
Stop placement is built around swing liquidity plus an ATR buffer, and the regime sets the multiplier.
Reply with your target if you're in on this.
Positions carry risk. Size accordingly.
#NVDA #NVDAUSDT #Short #RangeTrading #Trading
