TeslaShort
TSLA SHORT
We are now at the second half of the year. By use of quarterly theory, it is also evident that we are in the third quarter. I see (XAMD) pattern. by which the X is clear to see it as reversal
For knowledge purposes, X - Reversal/Continuation, A - Accumulation, M - Manipulation, D - Distribution.
Usually, we have either a (XAMD) pattern or (AMDX) pattern.
For Tesla. the pattern we identify, is also the zone which broke structure to the downside. On plotting the fibs from the initial high of the original trend and the recent low, is at 70.5% - 78% zone. Which adds to the confluence.
Hence primed for a ripe selling pressure about to come on board.
For knowledge purposes, X - Reversal/Continuation, A - Accumulation, M - Manipulation, D - Distribution.
Usually, we have either a (XAMD) pattern or (AMDX) pattern.
For Tesla. the pattern we identify, is also the zone which broke structure to the downside. On plotting the fibs from the initial high of the original trend and the recent low, is at 70.5% - 78% zone. Which adds to the confluence.
Hence primed for a ripe selling pressure about to come on board.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.