Tesla
Short

Simple chart analysis for Tesla on H1

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The other one that I post was a weekly one.

Elliot Wave finished. ABC correction finished. Waiting for second abc.

  • Chart has recently finished E.W. but it can reach a little more toward 338%. Even so, I don't sugest to wait for it since it can go down any moment.
  • I use fibonacci between peak 1 and peak 4 of E.W. to know fifth wave limit.
Trade ist aktiv
Snapshot

is going according to plan. If it finishes early, it will go up faster then plan says.
Trade ist aktiv
Snapshot

Drawed retracement path.
Adjust SL and TP.
Trade ist aktiv
Snapshot

I reconstruct the ABC correction and found out that there is a great chance of going bullish after the bearish.
Trade geschlossen: Ziel wurde erreicht
Snapshot
Chart PatternselliotwaveanalysisteslaTrend AnalysisWave Analysis

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