$NVDA - Seasonal Tendencies burning out - March will be The Time
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I'm not one to pick what stocks are going to do, But knowing that Smart Money will work on every Market, I believe this is the best-case scenario. Price seemed to have hit a low around 208., then make a short term high near 240, and them come right back down before it moved higher than that 240 high breaking market structure. And it has not created a lower low. This tells me that we should be on a pivot in price that should start taking us to higher prices. Yes, we'll still get pullbacks, but I don't believe we're going to be getting lower.
In Smart Money, there is basically 3 stages to the market cycle. 1. Manipulation (to
scare you into selling) 2. Consolidation (To Keep you guessing if the market will ever come back so you sell more) 3. Distribution. (Now that retail; was dumb to sell all of their assets, the deep pockets have bought everything up cheap. I believe we were going through manipulation at mid-November early December - and I believe the consolidation is beginning to where we may see the price maybe a run and come down, run come down, run come down, you get the point. Look at this chart for example.
This is primarily a long consolidation period on NVDA betweeen August 2020 and July 2021. So I know it may seem discouraging right now with the Nasdaq stocks not doing too well. I saw hang tight, this happens. We've been through worse. If anything it's a good time to learn how to scalp Crypto and Forex.
Also if we hit the erntry I have marked three take profit areas, because you always want o take home something for every trade because it could turn against you.l
Good Luck and Good Trading.
NVDA
NVDA
NVDA
MOEX:NVDA-RM
NVDA
NVDA
In Smart Money, there is basically 3 stages to the market cycle. 1. Manipulation (to
scare you into selling) 2. Consolidation (To Keep you guessing if the market will ever come back so you sell more) 3. Distribution. (Now that retail; was dumb to sell all of their assets, the deep pockets have bought everything up cheap. I believe we were going through manipulation at mid-November early December - and I believe the consolidation is beginning to where we may see the price maybe a run and come down, run come down, run come down, you get the point. Look at this chart for example.This is primarily a long consolidation period on NVDA betweeen August 2020 and July 2021. So I know it may seem discouraging right now with the Nasdaq stocks not doing too well. I saw hang tight, this happens. We've been through worse. If anything it's a good time to learn how to scalp Crypto and Forex.
Also if we hit the erntry I have marked three take profit areas, because you always want o take home something for every trade because it could turn against you.l
Good Luck and Good Trading.
NVDANVDANVDAMOEX:NVDA-RM
NVDANVDANote
It appears to be hitting a 15 minute order block which will then drive the price shorter Into a 4 hour fair value gap then a 4 hour liquidity void then below sell-side liquidity.
Buyer Beware
Transaction en cours
I haven't been updating this because I've been watching Crypto closely but today I took profits at around 245. I had 2 entries, the original entry as planned at 226 and a second at the bullish order block at 217. Increased profitds on each entry by 9 and 13%. Only took 20% from this point and stop loss moved to break even. So in case it hits my stop loss I have made some profits. Note
Original Taske profit 1 at 260 has been hit another 30% of profit taken
You're either trading with Smart Money Theory or your just burning your money money. Believe me, I've been there.
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