Nvidia Expansion Triggered Above RangeNVIDIA CorporationBATS:NVDAAMIT-RAJANHello traders and the trading community 👋, Hope you’re all doing well and staying disciplined in the markets. Price on NVIDIA Corporation has recently delivered a strong and clean breakout above the External Range High (ERH), marking a clear transition from a prolonged consolidation phase into a potential expansion leg. If you observe the structure closely, the market respected the Internal Range High (IRH) multiple times as a key mid-range level before building momentum. This compression within the range often leads to expansion, and that’s exactly what we are witnessing now. The breakout above ERH suggests that buy-side liquidity has been taken, followed by strong participation from buyers, indicating a shift in control. What makes this setup more interesting is the clarity in structure and the well-defined levels, which allow us to project measured move targets with a logical framework rather than guesswork. Based on the range expansion, I have plotted two upside targets: Target 1 (Measured Move - Conservative): This aligns with the initial breakout momentum and represents a realistic short-term objective where partial profit booking can be considered. Target 2 (Measured Move - Extended): This captures the full range expansion potential, assuming continuation with sustained bullish strength. As long as price continues to hold above the breakout zone, the bullish bias remains intact. A minor pullback or retest toward the breakout level (ERH) would be considered healthy and could further validate the strength of this move by turning previous resistance into support. However, failure to hold above this level may lead to a re-entry into the range, so keeping an eye on price behavior around this zone is crucial. Key Structure Levels: External Range High (ERH): Breakout & key decision level Internal Range High (IRH): Mid-range structure / prior resistance Support Zone: Strong demand area from where price reacted sharply A sustained move back below the breakout level would invalidate the current bullish structure. Thanks for reading mates. Regards- Amit.