Everyone are calling to short this resistance...
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Hi bears this is a warning i would like to introduce you to any bullish scenerios that are very likely to happen based on the information we know.
as you all know, we are at resistance after what you may call a fakeout
The most bullish scenerio is if we find enough enthusiastic buyers at the 0.85 fib this is a bullish retest and if we find them your so called resistance becomes support in which case you will accumulate your short position and will be the fuel for a momentoum drive up
the same can happen at the 0.786 fib
the lowest we go in this bullish idea is to golden pocket from 0.618 and 0.5 these are supply zones ever since tesla posted its deliveries.
how much money are you willing to risk? (bears as a whole)
how many positions in shorts are you willing to place?
if you are wrong (quick reminder optimus showcase at 8.8) your money will just turn into tesla fuel.
i know my lines are disgusting but my idea is a very possible scenerio
my target to any of these bullish scenerios are the 1.618 at 365 for a start before anything else happens. buy the rumor sell the fact.
dont say you werent warned.
as you all know, we are at resistance after what you may call a fakeout
The most bullish scenerio is if we find enough enthusiastic buyers at the 0.85 fib this is a bullish retest and if we find them your so called resistance becomes support in which case you will accumulate your short position and will be the fuel for a momentoum drive up
the same can happen at the 0.786 fib
the lowest we go in this bullish idea is to golden pocket from 0.618 and 0.5 these are supply zones ever since tesla posted its deliveries.
how much money are you willing to risk? (bears as a whole)
how many positions in shorts are you willing to place?
if you are wrong (quick reminder optimus showcase at 8.8) your money will just turn into tesla fuel.
i know my lines are disgusting but my idea is a very possible scenerio
my target to any of these bullish scenerios are the 1.618 at 365 for a start before anything else happens. buy the rumor sell the fact.
dont say you werent warned.
Nota
btw if you dont know why my fibs are upside that is because shorts usually to open up positions on upside fibsif short goldenpocket turns into support any top shorts will get f'ed
these levels are crucial for the bullish idea to work in the timeframe of "soon"
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