NVIDIA STOCK read article for better decisions NVIDIA CorporationBATS:NVDAQforexofficialStock Technical Analysis: Weekly & H4 Timeframe Hello traders, Today, I’m analyzing Nvidia NVDA NVDA stock from both the weekly and H4 timeframes to highlight several important technical points, including market structure, Order Blocks, inversion, displacement, and Fair Value Gaps (FVGs). Let’s break down the analysis step by step. Starting with the weekly timeframe, you can see on the chart that the price previously broke the market structure and then made a retracement. Although the initial retracement appeared relatively small, the overall correction on the weekly timeframe was quite significant. (If you want to read the complete article with proper entry, exit and target, you will find this article in my X account. You can search for it. @Qfxstyle (And the link is also in the BOI) After completing this retracement, the price showed strong bullish displacement by taking support from the previous zone, which is now acting as an inversion area. This reaction is particularly important because the major protected weekly support is located around the 164 level, but the price did not need to reach that level. Instead, buyers stepped in from the higher inversion area and pushed the price upward with strong momentum. This suggests that buyers are showing strength and are willing to enter the market before the price reaches the deeper weekly support. Now, moving down to the H4 timeframe, we can see another important development. During the retracement, the price created a short-term market structure. The last resistance within that structure has now been broken to the upside, indicating a potential bullish market structure shift. At this stage, however, we should avoid chasing the price and instead wait for a potential retracement into our area of interest. On the H4 chart, I have highlighted an overlapping zone above the 203 level. This area is important because it contains a Fair Value Gap (FVG) along with a strong momentum-based inversion area. The combination of these factors makes this zone a potential area of support during a retracement. If the price returns to this zone and produces a strong H4 bullish momentum candle, it could provide a potential opportunity for a buy or investment entry. Another scenario would also be acceptable. If the price reaches this zone and consolidates for two, four, or even five H4 candles before strong buying momentum appears, that could also indicate that buyers are absorbing selling pressure and preparing for another bullish move. However, we also need to consider the bearish scenario. If the price breaks significantly below this H4 overlapping zone, our attention should shift back toward the major weekly support. The key weekly support and Order Block is located around the 164 level. If the price eventually reaches this area, it could provide another potential buying opportunity, depending on the price action and confirmation at that level. For the bullish scenario, the first important upside level is around 235. If the price reaches this resistance and manages to achieve a weekly close above 235, it could provide confirmation for further bullish continuation. In that case, the next potential target would be around the 260 level. Key Levels - H4 Overlap Zone: Above 203 - First Major Target/Resistance: 235 - Second Target: 260 - Major Weekly Support & Order Block: 164 Overall, the structure remains potentially bullish as long as the important support levels continue to hold. The preferred approach is to wait for a retracement and confirmation rather than entering after a strong displacement move. As always, this analysis represents a technical market view and is not a guarantee of future price movement. Proper risk management should be applied before taking any trade or investment position. Thank you.