TSLA 367.5 PUT 2/7/25 (Win)
Saw TSLA broke out to the downside of a Daily descending triangle, and broke below the daily/weekly trend line leading me to a slightly bearish bias on top of the tariff news from Trump. 1HR timeframe showed a mini downtrend and what appeared to be a head & shoulder pattern. Dropped down to the 15 minute timeframe, and saw price broke below the ORB low, made a 15min head & shoulder and also formed a bearish flag pattern, which lead to me entering the trade. Multiple confluences for the win.
Note
Also saw a mini counter trend to add to the confluences.
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