Tesla
Long

TESLA (TSLA/USD)

Hello friends
In the share of Tesla, we see a 5-wave pattern whose waves 1, 2, 3, and 4 have been completed in weekly time.
Currently, wave 1 and 2 of its main wave 5 have been completed. A very important static support is seen at the price of $210.
If the range of $210 is broken, our theory will be invalidated.
But this pattern is beautifully visible and I was very surprised to see it myself.
Now we are at the beginning of wave 3 out of 5 and usually wave 3 gives the highest gain.
Therefore, you can now enter a buy trade with a stop loss of $210 and a tick profit of $320.
Because usually wave 3 is 1.618 times wave 1 from the end of wave 2.
Be successful and profitable
Elliott WaveSupport and Resistance

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