TeslaLong
Tesla - Bullish Trend 4 Chart Layout
In this 4 Chart Split Layout of Tesla you can see the 2 hour, 4 hour, 1 day and 1 week Charts. They all have the same indicators to keep it simple using a MA CROSS, a Macd Strategy, as well as a 7 day EMA as a Trendline. I could extend the 7 day EMA to a 9 day as well but it wouldn't really affect the charts much except to move the trend line a bit further away from the candles that would possibly delay an entry or exit point as they reveal themselves. The whole visual is to focus on the Black Trendline and that the Candles overall between the 4 charts must stay collectively above.
I had previously been focusing on the shorter time frame to look for reversals however they have been weak and generated a couple of False Signals so I wanted you to see the whole picture and as long as the Candles between the 4 charts remain above the Trendline the Bullish Trend will remain intact. I don't think it will get much easier than this.
Of Course if the Bears Suddenly Pile Back in the trend can change much quicker than the charts can react to because these are Lagging Indicators except perhaps the 2 & 4 Hr. charts as a visual, though again they could just provide false breaks if the Bearish volume is not sustained.
I had previously been focusing on the shorter time frame to look for reversals however they have been weak and generated a couple of False Signals so I wanted you to see the whole picture and as long as the Candles between the 4 charts remain above the Trendline the Bullish Trend will remain intact. I don't think it will get much easier than this.
Of Course if the Bears Suddenly Pile Back in the trend can change much quicker than the charts can react to because these are Lagging Indicators except perhaps the 2 & 4 Hr. charts as a visual, though again they could just provide false breaks if the Bearish volume is not sustained.
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