Wave 5
Sorry I haven't made a post in the last couple days. I have been busy and haven't had the time.
I marked on the chart our ABC correction for wave 4. Looks to me as if we started our wave 5 down, but we still need one more low to complete the pattern. You will notice there is a lot of confluence around the area I marked as a possible end point for sub-wave 1 of wave 5. The 1.414 fib line of our micro-wave 4 ends right in the middle of that box. Also, this coincides with my thesis for an end point to this wave 5.
The S&P just started its Wave 5 down. Ideally it will be a quick drop and a nice snap back. I feel Tesla will do the same. So keep your powder ready to pounce when the time is right.
If and when I make any trades involving Tesla I will post them on here for transparency.
👑💰TEAMWORK MAKES THE DREAMWORK💰👑
~Tyler
I marked on the chart our ABC correction for wave 4. Looks to me as if we started our wave 5 down, but we still need one more low to complete the pattern. You will notice there is a lot of confluence around the area I marked as a possible end point for sub-wave 1 of wave 5. The 1.414 fib line of our micro-wave 4 ends right in the middle of that box. Also, this coincides with my thesis for an end point to this wave 5.
The S&P just started its Wave 5 down. Ideally it will be a quick drop and a nice snap back. I feel Tesla will do the same. So keep your powder ready to pounce when the time is right.
If and when I make any trades involving Tesla I will post them on here for transparency.
👑💰TEAMWORK MAKES THE DREAMWORK💰👑
~Tyler
Note
Looks like subwave 1 might be extending. If that is the case, it means we are in a micro wave 4. Target area for subwave 1 would change to $188-190 before a nice $20-30 retrace. Time will tell
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Bonam Fortunam,
--Tyler
Bonam Fortunam,
--Tyler
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.
Go to ewtdaily.com for DETAILED DAILY UPDATES on 27 unique tickers and a daily zoom call with members to discuss latest analysis and get a 7-day FREE trial
Bonam Fortunam,
--Tyler
Bonam Fortunam,
--Tyler
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.