NVDA: Post-Earnings Sell-Off Expected? FVG Closure, 200 EMA TestNVIDIA CorporationBATS:NVDACH_IndicatorAs NVIDIA (NVDA) approaches its upcoming quarterly earnings report this week, the technical structure and historical patterns are signaling potential downside pressure ahead. Here is our detailed analysis and breakdown of the current setup. 📊 Historical Pattern: "Sell the News" Looking back at the last 10 earnings announcements, NVIDIA has triggered a sell-off 9 out of 10 times shortly after reporting or reaching its quarterly targets. This strong historical "sell-the-news" tendency suggests that much of the bullish momentum may already be priced in, increasing the probability of a profit-taking event following the report. 🛠Technical Analysis & Downside Targets Fair Value Gap (FVG) Fill: Price recently showed weakness after printing its first major bearish candle near the highs. Directly below current price action lies an open Daily Fair Value Gap (FVG) roughly between $200 and $218. We expect price to pull back and fill this imbalance zone. 1W Fair Value Zone & Confluence: Beneath the daily FVG sits a broader 1-Week Fair Value Zone spanning from $192 to $200. This zone serves as critical structural support and lines up nicely with key psychological levels. 200 EMA Target: The daily 200 EMA is currently trending upward around the $190 – $192 area, aligning with the bottom of the weekly FVG. If post-earnings volatility accelerates, a liquidity sweep down into this 200 EMA confluence level would present a prime target for a deeper correction before long-term buyers step back in. 🎯 Key Levels to Watch Immediate Resistance: ~$228 – $230 Target 1 (Daily FVG Fill): $204 – $210 Target 2 (Weekly FVG & 200 EMA Test): $192 – $200 💡 Outlook & Strategy Given the high-impact event of earnings, volatility will be elevated. We are maintaining a bearish bias into/after the release, anticipating a liquidity grab downward to rebalance the chart. What are your thoughts on NVDA heading into earnings? Are you positioning long, short, or staying on the sidelines? Let us know in the comments below! Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always manage your risk.