TradingView
Hi3rophante
Jun 22, 2021 4:34 AM

TESLA SHORT intraday fibonacci trading $TSLA Short

Tesla, Inc.NASDAQ

Description

Intraday trend likely UP

We can take SELL positions at these fibo levels :

N1: 631
N2: 645
N3: 667

DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME

Examples of SL and TP :

SL could be @ Fibo level 4 (698)
TP could be @ Fibo level 0 (608)

Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL
More