🟢 $NVDA / 4-hour
Price: 226.27
Bulls rejected price from the oversold extreme, with price reaching a low of 224.1 before closing back above the range boundary.
This is a reaction play against the 200 EMA, so the invalidation is what matters most. A close back below the trail stop voids the setup. Stop trails at 2x ATR below the rejection low; currently at 224.7929.
Target sits at the opposite side of the range, 242.2022.
This is a place to watch, not a promise. If price chops sideways here, the setup expires on its own.
Not financial advice. Manage your own risk.
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@BoundaryAlertsBot
