ProficientForex

Tesla - Triangle Pattern and target price of $587

Long
NASDAQ:TSLA   Tesla
In fulfilled wave counting, in the 240-minute chart, the price has moved up to the range of $ 502.41, with 3 ascending waves, in a corrective wave of 4, due to the 3-wave structure, the sides of the triangle have been formed, by crossing the price from “d -wave” (452.50), we will probably see an increase in the price up to the range of $ 587.
The Loss limit for this order is around $ 382

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