TSLA
6.6.23 This video is about Tesla which is trading around the 382 reversal pattern possibly.... and I wanted to give some considerations about that as well as looking at what happened when there was a potential 135 reversal pattern that failed. while Tesla Is mostly a bearish trend at this point we are looking at a bullish swing.... and for the potential of finding a good short position. because the recent swings have such good Volatility.... and represent an expanding sequence of swings.... it is a good market to go long and short and take advantage as a buyer and a seller if you are willing to trade the swings. I brought up cattle again because of its volatility which is so obvious.... and if you get comfortable with volatility, you wait for the setups to be either a buyer or a seller because both sides of the market will have opportunity for profitable trades because of the volatility.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.