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Tesla at a Crossroads: Will It Bounce to $275 or Slide to $202?Tesla’s at a make-or-break moment—are we looking at a nice correction back up to $275, or is it about to drop through the floor to $213, $208, and maybe even $202? If that $208 level doesn’t hold, we’ve got a strong 50% Fibonacci support around $203-$202—but whether it’ll catch Tesla or not is anyone’s guess. Let’s dive into the key levels to watch and figure out if Tesla’s going to rebound or if we’re in for a deeper slide. If you found this useful, give it a like, share your thoughts in the comments, and hit follow for more updates. Your support means a lot—after all, I need something to hold me up when Tesla can’t hold $208! Mindbloome Trader
NASDAQ:TSLA
by Mindbloome-Trading
EUR/USD to push above to 1.12299 We can see price on the Euro has been moving bullish as of recent as it is currently retracing on the HTF. I suspect price will push up to the 2day supply I have marked out. price may perform either one of two scenarios before reaching this zone in order to ultimately continue in it's HTF downtrend. Scenario A: Market open price pushes down taking both equal low liquidity and trendline liquidity tapping into the 1H demand at the swing low beneath the Asian low then pushing up into the 2day supply taking the triple equal highs. Scenario B: Price pushes up at Market open and taps into my 38min zone and continue in its HTF downtrend taking all the liquidity to the downside. This zone is validated by a LTF Change of character. It is also possible price may react from this zone in order to carry out scenario A. Although scenario B is likely I believe that Scenario A is most likely to play out as this is supported by price breaking structure to the upside and the amount of strong bullish candles to the upside. This also correlates with the Dollar as I am expecting price to be bearish this week on DXY. It is also possible that price may push straight into this 2 day supply without tapping into any of my zones which I would then use as liquidity points and TP targets. Ultimately, my objective is to be open minded and understand the different possibilities and outcomes of what the market can do and be able to adapt to each scenario accordingly. Hope this analysis helps you going into this week :D
Long
by JamelCapital
1
Adobe - Preparing a multi year breakout!NASDAQ:ADBE has been consolidating for some time and is definitely ready for a breakout. Adobe is a stock, which is clearly heading higher on a macro perspective. Just two months ago, Adobe actually retested an important horizontal structure and managed to create bullish confirmation, followed by a reversal towards the upside. Eventually, Adobe will also break out of the ascending triangle formation, which has been forming over the past 5 years. Levels to watch: $650 Keep your long term vision, Philip - BasicTrading
NASDAQ:ADBELong
by basictradingtv
[Market Breakdown 1] EURNZD WeeklyWe have multiple indications for a long set-up on EURNZD. First of al we have received a Fib completion, which indicates us a switch of momentum. It seems like we hold the Supply & Demand zone as support. The Big driver is clearly Bullish. Everything between the 2 blue boxes can be relief for more upside momentum. We also do have an ascending trend line holding up the price since December 2018. Last time we were sitting at this zone we went up for 3000 pips! Some Buy orders probably still sitting there.
by Pipjager