#NVDA
The overall trend is upward. The stock is trading in a range of 365 and 135 moving averages and an internal downward price channel. A start fractal has formed above 135 EMA. Breaking through the start fractal will result in the formation of an ascending pattern of 1-2-3 and …
The ascending wave pattern of the H2 level is truncated. Awesome Oscillator shows a bearish divergence. The breakout of 1.5604 will result in the formation of a descending wave pattern, which completed the ascending truncated pattern by breaking through the inclined channel.
monitor the price movement …
The pair remains in a short-term uptrend. It reached our target of 1.2180 yesterday amid the rising demand for risky assets and investors' continuing hopes for the short-term increase in inflation in the US, and this will not allow the Fed to change its current ultra-soft monetary policy.
Technical …
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