Tsla made a full retracement to the supply zone ranged out in this cup formation. currently pulling back for a correction of the double top retest of that supply. Watching for the hidden reversal breakout potential but more concerned of the Drop Lower High on this next run
Algo Channel To funnel setup. Ranges of diversions that could happen where reversals could initiate
Macro outlook if there is a relief rally here. Will post alternate projections possibilities in comments.
Wedge setup for retracement. Watching this next potential trend to retest for the double top within this wedge focus. this play is planned to q3 to follow. just a generalized depiction of the channel im focused on this accumulation buildup for the next breakout.
This is the Study Cycle of TSLA with the use of the SIne Wave tool in tradingview This tool is great especially when you are using it on a macro timing study. Correlated this with the gann box to break down the true channels within this current trend. A gann represents the trend and has 3 levels for trading and then an upper greed zone and a lower fear zone for...
Im watching the triple top forming potential to retest the upper channel. Watch the hard retest and double top reversal signal for additional drop potential. Watch your chop zone here.
Set up this tesla range drop for the retest and broke down levels of focus. Just watching where we have our best opp to bounce which I feel is at the base of this wedge..
Spy run up to retracement retest to the base of the wedge. Looking for a rivers and valleys pattern drop for this. If we fail this orange curve we are failing the trend health curve and will see the continuation pullback ahead. Just a thought.
This was the Macro Levels for Doge setup from the top reversal. Set the major trend ranges where we will have resistance on the way up. Waiting for the confirmation breakout to start above the 0.11 chop
Current LCID Flag setup to retest the base range if we cant break above the 10 resistance we have potential drop to 5 ranges before this potential spring up.
Watch this bounce from 15k and the potential run up to 21.5k if we break 18.6k but if we fail this range Im looking at 11-13k drop range support. Failing the 15k range is not good. though any rally we can see I would look at 37-43k for the run up if we do have any run up potential in q1 of 2023
Watching this wedge range resistance on this run up. Seeing the HNS pattern on a down trend to confirm this potential drop ahead. Watching for the connfirmation reversal within the wedge for that potential drop retest. Just a thought
Coti Potential run up out of this accumulation zone to retest for the cup formation double top. Set some levels of resistance on this run up.
This is the wedge trend focus for the previous supply zone. Watchingn the pullback within the focus on this channel drop. Expecting support on the base wedge with a exit drop opportunity set on the lower price note. Watch the failure of 19111 as a signal of some additional drops. Break above 20813 gives us potential to retest for 21 to 21.4k range for the top...
Inverse cup handle drop out of the wedge formation if the current resistance on the top of this wedge plays its part i will look for atleast a 20 percent drop to the mid channel for the first fake rally before dropping out of the wedge range for the support at the point of contraction (the precious breakout point) this will create the accumulation range movement...
Drop accumulation et up to do an elliot wave drop if we fail below the current ellipse range. This will bring us down to the lower chop zone range before the final drops. this is a play to 2028 so just an educational guess. but if we dont flip well you know we accounted for recession to come ahead if there is no turn around by 2025-2026 with the current situation...
When the baby drops its hungry so it reaches up top to the nips where we drop cause the baby must sleep before waking up to run a muck. If ya know ya know this is a inside joke analogy.