$NVDA NEOWAVE ANALYSIS
Experimental analysis with the intention to follow back later on as I am still learning
CRASH INCOMING!!
The pattern is a Diametric
A Diametric is a 7-legged formation
NVDA has reached the target for wave G
The action following a Diametric pattern does not depend on the Diametric itself.
If the movement after wave-G is not more stronger and faster than waves-B, D, and F, then an X-wave is likely forming. If it is, then the Diametric could be part of a larger pattern in progress, or it could represent wave-1 or 3 in a Terminal formation.
CRASH INCOMING!!
The pattern is a Diametric
A Diametric is a 7-legged formation
NVDA has reached the target for wave G
The action following a Diametric pattern does not depend on the Diametric itself.
If the movement after wave-G is not more stronger and faster than waves-B, D, and F, then an X-wave is likely forming. If it is, then the Diametric could be part of a larger pattern in progress, or it could represent wave-1 or 3 in a Terminal formation.
Transaction en cours
Wave g is likely to be same in price as wave a. If not it might be related by 61.8% OR 161.8%.
161.8% if i'm not wrong is around $138 -$150. Its only a matter of time till we get confirmation
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.