NVDA (1H) Update: NVDA Reached The Resistance AreaNVIDIA CorporationBATS:NVDAKap_WavesOn our previous article, we highlighted the two scenarios that NVDA may follow. At that time, price was approaching a key resistance cluster around the 0.618 retracement, sitting just below the unfilled gap area. We outlined two primary paths, either a rejection from resistance leading to continuation of wave C to the downside, or a breakout above resistance triggering a renewed impulsive structure targeting the 1.618 extension near the 220 region or filling the gap around 200. The market chose clarity. What Played Out NVDA chose to head to the resistance area. This is a textbook example of why scenario planning is critical. We were not predicting, we were preparing. Current Structure With the corrective leg now largely developed, the focus shifts to what comes next. Price is once again interacting with a major decision area. The invalidation zone of the upside remains clearly defined, while resistance overhead continues to sit near the prior 0.618 retracement and unfilled gap region. There are still two evolving possibilities: 1. If price reclaims resistance and builds acceptance above it, we can begin considering the development of a new impulsive sequence. This would open the door for either a gap fill at 200 or a wave 3 type expansion targeting the 1.618 extension near the 220 region. 2. If resistance continues to hold and structure forms lower highs, the market may complete a larger corrective wave C, opening further downside toward deeper Fibonacci extensions. Momentum indicators remain neutral to slightly constructive, but not decisive. This reinforces the importance of waiting for structural confirmation rather than anticipating prematurely. Key Levels To Monitor - Resistance zone, 193 to 198 region - Unfilled gap above - Invalidation zone below recent swing lows The reaction at these levels will dictate directional bias. Final Thoughts The previous forecast demonstrated the power of disciplined scenario mapping and structural patience. Markets reward preparation, not prediction. For now, NVDA sits at another inflection point. A breakout could initiate expansion, while rejection could complete a deeper correction. Let the structure lead, manage risk accordingly, and allow confirmation to guide execution. As always, react, do not predict.