Hi traders
Tesla has a potential bullish movement heading to potential weekly supply.
This trading plan won't be longer valid if the daily candle moves below the daily demand zone. cheers
Traders, TESLA can fall as we are reaching a supply zone, FCP (Fibonacci Confluence Pattern) zone and completion of a W pattern. There are 2 zones that we should be watching.
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
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TESLA will explode soon and in less than six months, we will see price action explode at least 2x from now.
if you like my ideas, please give me a follow. Message me if you'd like to do technical analysis of a ticker of your choice.
(NOT A FINANCIAL ADVICE. YOU TRADE AT YOUR OWN RISK)
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Tesla has formed a nice 1 and 2 wave ending right around .618 levels.
Looks to be ready for an uptrend of at least equal length of wave 1, which hits the middle of the pitchfork perfectly...
expected date for the completion of the equal leg should be around middle of May
not financial advice :)
