Hi all
Here we have TESLA on a 4hr chart, we can see possibly a double top (can be confirmed by no candles braking above the grey box - personal rule of thumb) also there is an
inverted hammer which can be a bearish signal in a area of value.
The RSI is about to cross the overbought line, - wait for this conformation.
This could also be a possible head and shoulders starting to form with there been a left shoulder and a head .. just waiting to form the right shoulder - again which could be seen as a trend reversal and another bearish sign.
** this is not financial advice, this is for educational purposes only, all feedback is welcomed **
Good luck and trade safe! - please like, comment and subscribe :)
L
Here we have TESLA on a 4hr chart, we can see possibly a double top (can be confirmed by no candles braking above the grey box - personal rule of thumb) also there is an
inverted hammer which can be a bearish signal in a area of value.
The RSI is about to cross the overbought line, - wait for this conformation.
This could also be a possible head and shoulders starting to form with there been a left shoulder and a head .. just waiting to form the right shoulder - again which could be seen as a trend reversal and another bearish sign.
** this is not financial advice, this is for educational purposes only, all feedback is welcomed **
Good luck and trade safe! - please like, comment and subscribe :)
L
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.
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.