#Tsla: The sequence has changed.
The earlier updated chart's sequence has been change. Tsla is seems to have formed a leading diagonal, where wave 4 enters the area of wave 1. It has retraced more than 50% for wave 4. Now wave 5 may or may not go beyond the wave 3 high. When a leading diagonal is formed the price retrace badly after wave 5 completion. But the longer term horizon has no problem.
This is purely an educational idea not a trading advice. Please consult your financial advisor before any trade execution.
Thank you keep following for such updates and new charts or comment for any chart to be viewed for elliott wave patterns.
Keep faith on you no on me...!
The earlier updated chart's sequence has been change. Tsla is seems to have formed a leading diagonal, where wave 4 enters the area of wave 1. It has retraced more than 50% for wave 4. Now wave 5 may or may not go beyond the wave 3 high. When a leading diagonal is formed the price retrace badly after wave 5 completion. But the longer term horizon has no problem.
This is purely an educational idea not a trading advice. Please consult your financial advisor before any trade execution.
Thank you keep following for such updates and new charts or comment for any chart to be viewed for elliott wave patterns.
Keep faith on you no on me...!
Note
Next target may be 304Note
Don't leave hope....!Note
if sustain and close above 256.23
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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.
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.