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11 lug 2018 03:34

TSLA cup and handle LONG and SHORT strategy Short

Tesla, Inc.NASDAQ

Descrizione

1-2-3-4-5 impulse wave showing potential 5th leg coming down. Cup and handle in yellow seen may break bullish for quick short profits. Arrows represent LONG and SHORT positions. Shaded region represent profit taking levels based on 1.618 fib and strong support levels. Dotted lines represent support and resistance levels to use as stop loss (0.05% from initial position).

Commento

Larger trend seems bearish - it's easier to trade with the trend just follow the momentum

Commento

Handle is still in formation - it is a larger handle than anticipated. waiting for a bear break.

Trade attivo

Commenti
springer22
Thanks - looks like bear break has started. Will look for $280 before bounce
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