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Hi3rophante
Aug 9, 2021 5:38 AM

TESLA LONG intraday fibonacci trading $TSLA Long

Tesla, Inc.NASDAQ

Description

Intraday trend likely DOWN

We can take BUY positions at these fibo levels :

N1: 697.88
N2: 693.27
N3: 685.79

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 (675.47)
TP could be @ Fibo level 0 (705.36)

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
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