It's clear TSLA is correcting after a historic run. things dont go vertical forever. Are you new here?
I have it in wave 4 of C Anticipating a complex correction by the rule of alternation, so wave 4 still has some time to play out completely. It's clear wave B of the larger ABC is complete. wave C projected to the 1:1 of A to B. given that wave 1 of C projection went REALLY deep, like almost to the 2.618, we can expect a deep wave 5 as well. This will establish bullish divergence on the larger TFs as well. By VPVR there's targets near the 3.618. I really dont like doing fibs this far out, but im giving it a relative zone that fits the evidence mentioned above.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.