Interesting setup on NASDAQ:TSLA
Price was bracketing for the last four days. The high level context is certainly bullish (daily uptrend, strong market) but bulls met strong resistance as they tried to close gap from January 24th. Two possible ways to play it LONG: either from range bottom with profit target at range high and above; or wait for bullish...
On the 1-hour timeframe, we can see that we are in a bearish range that is delimited between 2011.890 and 1969.305, with the latter being the liquidity point of the range. Thus, we could look for a short operation in the gray delimited zones, with the first one being between 1998 and 1989, and the second one being the zone between 2008 and 2005. Alternatively, we...
Hello Traders,
Here you go for the GOLD analyst as gold has been make higher high at 1568, however the price has joined again within the range. I might be wait to see another retest at the zones in order to get the confluences for the confirmation prior to make the decision which the ideas is valid for the FAKE BREAKOUT or not.
Bear in Mind the core principles...
