2618 trade setting up on daily chart TSLA
Looks like a 2618 trade opportunity setting up on the daily chart.
You have a double top with bearish divergence with the RSI. You have a break and close below structure, now wait for a retracement into the .618 fib level. Then depending on how you trade 2618's you can put a sell order at the .618 or wait for a sell signal within the zone of the .618 and the high of the double top candle... with stop an ATR above the highest point of 2nd candle....
You have a double top with bearish divergence with the RSI. You have a break and close below structure, now wait for a retracement into the .618 fib level. Then depending on how you trade 2618's you can put a sell order at the .618 or wait for a sell signal within the zone of the .618 and the high of the double top candle... with stop an ATR above the highest point of 2nd candle....
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