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nautyblu
Dec 7, 2021 10:12 AM

Bullish HAMMER and falling wedge on TESLA Long

Tesla, Inc.NASDAQ

Description

Dear Traders,

it looks quite clear that a falling wedge is forming on H4 over the support around 1000$. If the same candle will be printed on today daily timeframe
the up trend is likely to restart.

I would personally tempt a short term trade with SL just below the candle at 940$ and a first TP around 1134


thanks for your reading!

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Not financial advice. Please add your thoughts and comments and put a like in case you appreciate ;-)
Comments
MrGoodGuy
same idea but looks like lots of people are bearish right now
nautyblu
@MrGoodGuy, I'm quite optimistic but let's wait the daily closure ;-) thanks for your comment!
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