$TSLA Rodrigue Bubble
TSLA and BTCUSD Dec 17
This is TSLA, overlaid with the Bitcoin chart which was a textbook Rodrigue bubble. Suggests a final high around 1050, and then decline until it resumes trend in the 520-550 area.
This is not inconsistent with my other TSLA post which looks different as it's log scale. How about short at 1000, 10% stop, TP 500? RR 5, just a guess.
This is TSLA, overlaid with the Bitcoin chart which was a textbook Rodrigue bubble. Suggests a final high around 1050, and then decline until it resumes trend in the 520-550 area.
This is not inconsistent with my other TSLA post which looks different as it's log scale. How about short at 1000, 10% stop, TP 500? RR 5, just a guess.
Note
Working well so far, except of course the trade never filled.Trade closed manually
Perfect to mid-April. Closed now
David Atherton
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David Atherton
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.