$NVDA: Price Action Is Compressing on the 4H Chart — A Big Move

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$NVDA: Price Action Is Compressing on the 4H Chart — A Big Move NVIDIA CorporationBATS:NVDAGDJ_JinnNVDA has formed two notable structures: an ascending triangle and a bullish head & shoulders pattern. At this stage, there are only two key levels worth watching: · $215 / $212 on the upside: Each attempt into this area has shown clear selling pressure. If price breaks above $215, the next target is $230. · $202 / $205 on the downside: This is the triangle trendline support. If price loses $202, a retest of the $200 / $196 area becomes. If price continues to break below $200 / $196, we may see a retest of the $188 / $192 zone, which aligns with the daily Fib 0.66 / 0.618 retracement area. This would represent a critical zone where buyers need to step in and defend the daily lows. No matter which key level breaks first, I expect a 5–10% move once price escapes this compression.