This is a weekly of TSLA which I have zoomed out purposefully to illustrate my long idea. Note the triangle consolidation, the breakout, and now the pullback close to the upper bound of the triangle. In my opinion, a high-probability area for a long. Stop loss would go beneath upper bound of triangle based on position size. Great trading, everyone!
-MrJosephTrades
-MrJosephTrades
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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.