TL0 trade ideas
Candlestick pattern: Bullish Triple FormationThe 'Bullish Triple Formation' is a pattern in which two large bullish candles appear, separated by three small bearish candles. These three bearish candles make new lows and are contained within the body of the first large bullish candle. This pattern occurs in an uptrend and is interpreted as a correction of the trend after an upward impulse, indicating a potential continuation of the bullish movement thereafter.
It's important to note that this pattern may have variations, as instead of three candles correcting the first large bullish candle, there can be two or more than three.
The reliability of this pattern is high; however, it is still a single signal that should be accompanied by others to increase the probability of success in our analysis.
TSLA WAVE COUNTS#TSLA forming a good impulsive structure on a weekly timeframe from its low of 2010.
Where are we now?
We are in the 5th wave of parent wave (3) which must cross the level of previous high for
the counts to remain valid holding the level of 152.10.
We can see a target of 1.5X to 3X from here.
Trade at your own risk.
Regards.
Double Bottom Pattern Formation #TESLATime Frame: 30 Min | Pattern: W Pattern | Entry: 201 | Take Profit: 13.74% | Stop Loss: Below Resistance line at 200
A W pattern has been identified on the 30-minute chart of Tesla (TSLA), with a confirmed breakout at 200.67. The pattern formation suggests an uptrend of 13.74%, which could serve as a take profit target. The entry point could be at 201, with a stop loss placed below the resistance line at 200, which has acted as a strong barrier in the past. Please note that this is a measurement idea, and past performance does not guarantee future results. As with any trade, it is important to manage risk and trade responsibly. Best of luck!
TSLA Puts below $195I think TSLA will make its way down if we break below $195 support. If it doesn't make a higher low in this trading range (above $195 as support), this will go down to $150 again imo
We also are rejecting a 50% fibonacci on the daily (from recent high rejection, dragged to subsequent low (downward fib)
All my opinion.