Island doji candle, at monthly pivot R2, at around 0.618 retrace level ---> good short entry signal
Wave price projection is pretty low, so I would not rely on that setup yet. However I am trading this short until 276. Stop loss on chart.
Good luck trading!
Wave price projection is pretty low, so I would not rely on that setup yet. However I am trading this short until 276. Stop loss on chart.
Good luck trading!
Trade active:
It is very unfortunate that the stop loss got hit. Re-evaluating, I think that my stop loss was too tight, TSLA is such a volatile stock for me anyway.
However given the move in the last few days I resume my trade idea with target unchanged.
However given the move in the last few days I resume my trade idea with target unchanged.
Trade closed manually:
TSLA continues to break the high. I would recommend get out of your short.
Trade active:
Re-added my short. I remain bearish TSLA short term. My target is at 25% of the previous up move