Elliott Wave NVDA 4H Correction and Reversal SetupNVIDIA CorporationBATS:NVDABitcoinprofitableOn the 4H chart of NVIDIA Corporation, the Elliott Wave structure shows a completed impulsive move followed by a corrective phase. Price appears to have finished a higher-degree Wave (1) near the recent peak, then transitioned into a Wave (2) correction. This correction is unfolding as an ABC pattern, where Wave A initiated the decline, Wave B formed a minor pullback, and Wave C extended downward sharply toward the 208–210 support zone. The completion of Wave C aligns with a potential reversal area, supported by strong bearish momentum exhaustion and a reaction from support. This suggests that the market may begin a new impulsive Wave (3) upward, which is typically the strongest wave in Elliott Wave theory. The projected bullish path indicates a continuation toward higher resistance levels, possibly exceeding previous highs. Entry & Exit Strategy Entry Points: Buy near 208–212 zone (Wave C completion area) Confirm with bullish candlestick (engulfing / strong rejection) Optional: wait for break above minor structure (around 215) Stop Loss: Below 205 (invalidates Wave structure) Take Profit Targets: TP1: 220 (previous resistance) TP2: 230–235 (Wave 3 extension zone) TP3: Trail stop for higher continuation Exit Strategy: Partial profit at TP1 Move SL to breakeven after TP1 hit Let remaining position ride Wave (3) This setup favors a bullish continuation if support holds and confirms Wave (2) completion.