Technical analysis by davidjulien369 about Symbol NVDAX: Sell recommendation (11/7/2025)

📘 Trade Summary Pair: NVDA (NASDAQ) Direction: Sell-side Trade Date: Thu 6 Nov 25 Time: 2:30 pm Entry: 189.36 Profit Level: 177.34 (+6.35%) Stop Level: 189.99 (–0.59%) Risk-Reward (RR): 10.83 🧩 Technical Context Price Structure: Market rejected near the previous swing high (~$197–$200 region) after failing to sustain above the 1.618 extension level. Fibonacci Context: Retracement zones from 0.382 – 0.786 aligned with prior accumulation zones, showing resistance at 0.618 (≈ 179.89) and 0.786 (≈ 181.43). Order Block Alignment: Two visible order blocks (highlighted in blue) show prior demand zones — price is expected to retrace into these for potential take-profit liquidity. Volume Spike: Noticeable volume at the rejection candle near $190–$191 indicates institutional sell orders stepping in. EMA Context: Price fell below the Kaufman Adaptive Moving Average (KAMA), confirming a short-term shift to bearish momentum. 🧠 Trade Narrative This short setup capitalises on: A failed breakout at the prior liquidity high (~$197), Break of structure (BOS) confirming downside shift, and Entry at the retest of a supply zone near $189. Targeting liquidity sweep of prior accumulation zone around $177, where confluence with the lower order block exists.Stop level moved (3.34%)