wait
By:TradingView
NVDA Trading Plan – Wait for Break Above R
Team,
We are not buying now.
Price is still trading below major descending resistance (R).
As long as we are below R, the structure remains under pressure.
✅ What We Are Waiting For
We only buy if:
Price breaks above the descending resistance (R)
A candle closes clearly above it
We see strength (no immediate rejection wick)
Ideally: a small pullback that holds above R
No breakout = no trade.
🟢 Entry Plan (After Confirmation)
Once price:
Breaks above R
Retests and holds
Then:
📌 Enter on bullish confirmation
🛑 Stop loss below the breakout structure
🎯 Target next resistance levels (higher highs)
Team,
We are not buying now.
Price is still trading below major descending resistance (R).
As long as we are below R, the structure remains under pressure.
✅ What We Are Waiting For
We only buy if:
Price breaks above the descending resistance (R)
A candle closes clearly above it
We see strength (no immediate rejection wick)
Ideally: a small pullback that holds above R
No breakout = no trade.
🟢 Entry Plan (After Confirmation)
Once price:
Breaks above R
Retests and holds
Then:
📌 Enter on bullish confirmation
🛑 Stop loss below the breakout structure
🎯 Target next resistance levels (higher highs)
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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