the detail is shown in the above Idea.
I made this Idea based on Candlestick Analysis and Harmonic pattern.
Tesla Butterfly Can not Fly higher than golden level
But
Tesla Crab Can Fly higher than golden level easily.
Also Technically We can Expect
Bearish divergence at hourly Timeframe about golden level.
Bullish divergence at Daily Timeframe about Crab Leg Level.
This photo is taken from the link below. (cybertruck machine)
electrek.co/2021/07/...hummer-ev-crab-mode/
I made this Idea based on Candlestick Analysis and Harmonic pattern.
Tesla Butterfly Can not Fly higher than golden level
But
Tesla Crab Can Fly higher than golden level easily.
Also Technically We can Expect
Bearish divergence at hourly Timeframe about golden level.
Bullish divergence at Daily Timeframe about Crab Leg Level.
This photo is taken from the link below. (cybertruck machine)
electrek.co/2021/07/...hummer-ev-crab-mode/
Comment:
Tesla Butterfly Was not strong and Tesla Rise up with Crab Pattern.
Comment:
As I expected. tesla correction is started
Bearish divergence at hourly Timeframe about golden level.
Bearish divergence at hourly Timeframe about golden level.
Comment:
The Tesla Crab is trapped between three trend lines and the Tesla Crab tries to break these trends.
For clarity, the crab pattern is not drawn in the above chart
For clarity, the crab pattern is not drawn in the above chart
Trade active
Fibonacci ratios are one of the most powerful and easiest trading tools in your investor’s toolbox. It provides excellent guidance for when a trend will end and reverse course.
GOOD LUCK.
SEYED.
GOOD LUCK.
SEYED.
I hope this idea is useful for friends and stock traders.
my broker doesnot support stock market therefore I analyze stock market for confirming my Ideas about Nasdaq.
Good luck