TESLA
Adding red count in case we are hitting a flat count which implies 335 structure.
Hence why the first downward move is labeled as a zig zag. So overall count wouldnt be a 535 zig zag pattern.
Current PA of the latest lows (yesterdays) for the moment looks impulsive. This is why i entertain the green labeled idea that we might have a 3 wave pullback before we continue with increasing the price.
Hence why the first downward move is labeled as a zig zag. So overall count wouldnt be a 535 zig zag pattern.
Current PA of the latest lows (yesterdays) for the moment looks impulsive. This is why i entertain the green labeled idea that we might have a 3 wave pullback before we continue with increasing the price.
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Ideas presented in colors...
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Came to the C ... Still possible that we are on the green pattern.
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Leaning green now.
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Great lean, now the question is if we are making 3 or C ...
Green represents 3 and higher highs.
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12 12 and we fire up or time to descend back to the stone age.
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Bullish and bearish presented
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Dislike the impulsive structure simply because of the weak wave 3, and even weaker wave 5.
Channeling wise, structure suggest that we are rather hitting a corrective structure than impulsive.
Not the best triangle subdivision but larger image beats smaller image.
There is an alternation in waves 2 and 4 .
If i see a propper 3 wave retracement i would long because my larger idea leans towards the fact that this will continue going up.
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We should be finding some support at these levels (Reason being previous suggested wave 4 and triangular structure)
I would assume that now is the reversal time to form wave B up and descend for the C
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Not touching TSLA before i get that drop down towards 220$ area.
Wouldnt long now, but wouldnt short either. Waiting for the market to show its intention
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Where are my Nikolas ... Did you miss me? I know you didnt
I didnt long that bottom, wasnt at home. Wish for that red alternate deeper pullback. Then long.
If it goes up now, it is what it is...
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Fucking send it
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If it presents an oportunity i would take it... but my account is restricted for the moment . so i cant...
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Expanded flat
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.