Tesla Test & Holds Fib Confluence, What Next?In this update we review the recent price action in Tesla and identify the next high probability trading opportunities and price objectives to target
TESL
Tesla Bull Flag TestTesla has been on a healthy run for the last few days. It bounced off the 100 day EMA, and subsequently pushed up through the 50 day and the 20 day EMAs respectively. It's facing resistance at $1070, but if it's able to break through early next week, we will be looking at a nice crispy bull flag setup. A breakout from the flag would occur around the $1100 psychological level, which could bring additional interest from buyers. The measured move in this scenario is significant if not ridiculous, but watch for heavy resistance around $1170 and $1243.49 (ATH). Happy trading and have a safe holiday weekend!!
And what do you think?Our forecast works great - the price reverses at the resistance. you can open positions. And what do you think?
EUR/CAD : PRICE ACTION IN H4 TMF WITH DOUBLE SHARK PATTERN 🔔Welcome back Traders, Investors and Community!
Analysis of #EURCAD
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Strategy: After our previous entry now we can see a confluence of trendlines and a double SHARK pattern. - We will be waiting for all the confirmations to enter in this trade.
A clear chart is Always the best business card for a trader.
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The information contained herein is not intended to be a source of advice or credit analysis
Regards,
Walter
study of one of my all time favourite TESLA !the stock as per chart and price action is a range play for either sides
overall good as long as above 830 for 950/960 targets
wile a good short opportunity in zone 950/970 for 830/820 targets
