TSLA at the resistance
hi Traders
Let's have a look at TSLA chart on 3D time frame.
Are you buying at the resistance after such a massive rally? If so, you are taking a high risk as the profit taking is expected.
Recommended strategy:
1. Short at the resistance with a tight stop loss.
2. If you're a bull, wait for the price to revisit a demand zone where the long position can be placed. Target for bulls at 400 $.
Good luck!
Let's have a look at TSLA chart on 3D time frame.
Are you buying at the resistance after such a massive rally? If so, you are taking a high risk as the profit taking is expected.
Recommended strategy:
1. Short at the resistance with a tight stop loss.
2. If you're a bull, wait for the price to revisit a demand zone where the long position can be placed. Target for bulls at 400 $.
Good luck!
Trade closed: stop reached
stopped. not valid anymore
💥 Free signals and ideas ➡ t.me/vfinvestment
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💥 Free signals and ideas ➡ t.me/vfinvestment
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.