TSLA prepare to Long in V or W reversal

22 Mar 2020

Two possible long plans:
#1 If Gap up next Monday, it is V reversal:
Buy above 443 and below 455
Stop: 427
Target: 540
Risk/reward=28:85= 1:3

#2 If Price down to 370 to re-test the breakaway Gap, it might be double bottom:
if keep going down below 370, do not buy.
Confirmation entry: Buy above 380 and below 400
Stop: 350
Target: 600
Risk/reward=1:4

This is a trading school homework. I need 6 months to practice my trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.

In real trade, I use options. Using Option allows me to set my stop behind next fresh demand/supply zone, to avoid being stopped at the same price as other stock traders.

Sum of my ideas: 1 winner, 1 loser, 1 active, 7 cancelled, 2 pending for condition, 1 analysis only.

25 Mar 2020

İşlem kapandı: hedefe ulaştı

I didn't have chance to take this trade. the Gap is too big.
This is analysis only.