Good afternoon traders Currently basing on my thesis I see a correction of some sort how high this correction will go I am unsure however we do have some levels in place that will allows to understand where this market can go to. Currently right now lets see how the market opens and see which levels hold which levels break. Watch the video and let me know...
Good morning everyone MB Trader here Hopefully everyone is gearing up for a great week of trading: Based on what we are currently seeing some current levels we will be hitting lower down to 150 range possibly lower if this market breaks down further. Let me know what you think of the video; hate it , love it , want me to make more videos on something in...
So Based on previous analysis the thesis is we would drop down however this did not occur. With the new thesis we are seeing possible 5 scenarios take shape plus one which is Tesla takes off like a rocket and makes higher highs: however unless confirmed on the Weekly I dont see that being likely as of yet. Currently the 235-238 area is what I am more leaning...
So based on our previous analysis Tesla didn't break down which then allowed us to change our thesis that we are still correcting. Based on what we see 235-238 range is what I see however it breaks that we can go to 252 which is not out of the question either Currently I have given 4 analysis on the chart on where we see this market moving to. Using...
Based on the analysis I see the trend for Tesla correcting to one of 3 levels then going back down with my original thesis. However if the market breaks above the weekly high this would disprove my original thesis and then the trend of this market has changed from Bearish to Bullish. What are your thoughts? Comments leave them below MB Trader
So right now we need more clarity and more data to determine will this market correct more up and will this level it is holding on hold and back down via where the red line is. Personally my thesis is 3 scenarios: Scenario 1:We hold on this pitchfork line and book it down. Scenario 2: We correct up to the 50% Fib and more pitchfork resistance at the 218...
Based on our Monthly and Weekly Thesis: Tesla seems to be correcting up which I assume will either hit our black fib line or possibly back into our pitchfork lines which overlap with our fib lines making that resistance much more harder to break; please see drawing. For me to continue with the bearish thesis I must see Tesla hold at one of those lines then...
Weekly: Tesla: My thesis is if we continue bearish and break the pitchfork resistance at the 200 area we will then go down to 176 range which could possibly see some type of correction before continuing to head to our first goal which is 142.93 which then we could see a correction before heading further south. The key here is with the bearish thesis is to...
Based on what I see currently Tesla has hit its monthly target up: please see the red line. It appears we are heading on a bearish trend to the following red lines below. Lets see how the market interacts in the coming months MB trader
My projection of where BTC will go to based on monthly price action
gold analysis from daily and four hour charts . gold analysis from daily and four hour charts .