NVDA Fibonacci Levels: 50% vs. 61.8% Retracement
Summary
Hollow Point Trading shares a short comparing NVDA’s 50% and 61.8% retracement references across a completed swing from 236.81 to 238.10. It highlights the levels at 237.46 and 237.30, noting that 50% is a chart convention rather than a Fibonacci ratio, and recommends watching the next completed candle.
https://youtu.be/j1HhuqrR1R4
NVDA Fibonacci: fifty versus sixty-one-eight #Shorts
Compare two retracement references on NVIDIA. This completed swing runs from 236.81 to 238.10. Halfway back from the high is 237.46. Sixty one point eight percent back is 237.30. Fifty percent is a common chart convention, not a Fibonacci ratio. Price can pass through both lines. Define the swing and watch the next completed candle rather than a...
