Hi all
Here we have TESLA on a 4hr chart, we can see possibly a double top (can be confirmed by no candles braking above the grey box - personal rule of thumb) also there is an
inverted hammer which can be a bearish signal in a area of value.
The RSI is about to cross the overbought line, - wait for this conformation.
This could also be a possible head and shoulders starting to form with there been a left shoulder and a head .. just waiting to form the right shoulder - again which could be seen as a trend reversal and another bearish sign.
** this is not financial advice, this is for educational purposes only, all feedback is welcomed **
Good luck and trade safe! - please like, comment and subscribe :)
L
Here we have TESLA on a 4hr chart, we can see possibly a double top (can be confirmed by no candles braking above the grey box - personal rule of thumb) also there is an
inverted hammer which can be a bearish signal in a area of value.
The RSI is about to cross the overbought line, - wait for this conformation.
This could also be a possible head and shoulders starting to form with there been a left shoulder and a head .. just waiting to form the right shoulder - again which could be seen as a trend reversal and another bearish sign.
** this is not financial advice, this is for educational purposes only, all feedback is welcomed **
Good luck and trade safe! - please like, comment and subscribe :)
L
Feragatname
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.
Feragatname
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.