TSLA
Hey, traders.
Some time ago, we already made good money on Tesla.
There's another post about her today.
I want to note that it's not going to be possible to trade the fundamental on her. So if you trade this way, wait for Tesla to drop to 350-360 and buy it.
This instrument is extremely speculative.
And I like it because it has a good grid.
The instrument is very volatile, and that is its cunning, but at the same time, that is its attraction.
What we see on the chart:
We were able to breakout 803, which is exactly what we earned last time. Now this is our support level.
It's obvious that we can't get higher of 834 and this is our next resistance level.
For those who like to trade in the channel: the instrument works out the support level well, there will be a clear calculating risk.
However, before entering the long from the lower boundary of the channel - look at the pre-market, it is highly recommended not to enter the 1st hour of trading, especially if you are a beginner.
A safer trade will be like this: we are waiting to exit channel 833, the price must test 833 and get fixed in the new zone. Then u can buy it.
Trade wisely!
Trade closed: target reached:
Enter Point: 806.74
TP: 814.20
SL behind the level 805
RR: 4.2
Interchannel trade
TP: 814.20
SL behind the level 805
RR: 4.2
Interchannel trade