shermanchoo

shermanchoo

A 300-pip pullback creates a good risk-to-reward setup for sell trades. Note to self: To keep the bearish trend intact, the price must stay below the Orange Line.

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Note to self: to get a C wave, check for bullish flags.

shermanchoo

3. Pullbacks provide opportunity to check for bullish price action.

shermanchoo

Because TSLA is in a steep bullish trend, looking for similar bullish patterns helps set up appropriate r:r.

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With the start of a third wave, watching for breakout flags offers an appropriate risk-reward opportunity, chance to addon to earlier bullish positions..

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In a downtrend, if the price keeps dropping while %B forms higher lows, it could indicate that sellers are losing strength, potentially signalling a reversal or pause in the trend.

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Waiting for the correction to play out, checking for bullish activity after 21 Oct reduces the risk and drawdown.

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During NFP Week, prices may remain stagnant early on, so entering trades too early could lead to drawdowns. Watch for: A 5-wave bullish pattern Price staying above 1.10143 Timing alerts set for September 6 and 9.

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1. Bullish Cup and Handle? if so... 2. ...then a Strong move up followed by a correction provides suitable r:r for the next motive wave up.

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TSLA has buying interest at 185 levels because of the bullish engulfing candles at this key level.

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1. Buy Low at Previous Support 2. TP some... 3. On break of level... Check for Bullish PA to add...

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- if there's 250pip pullbacks, then its worth looking to add to the trade, otherwise over the weekend, GA's susceptible to 30 pip spreads. - As of 17 Jan, GA is in a 3rd wave and up 500 pips. Best not to trade against a 3rd wave count.

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1. Bias is Bearish...holding off trading till 2nd May anticipates the liquidity hunt and reduces the risk... 2. To maintain bearish bias, price needs to stay below 0.66664.

shermanchoo

It starts with a Bullish Buy Limit order. Once that money is in, we close 50% at the 382 fib. Next, check for bearish price action to decide whether to close the remainder.

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If the price stays below 1.10503, employing whipsaw trading methods instead of trend-following strategies presents a favorable risk-to-reward ratio.

shermanchoo

1. Using lines to look for repeatable diagonal patterns... 2. wait for the 1st wave, 2nd wave, correction, then the 3rd...

shermanchoo

Price crashing below 1.27213 requires a recount. Otherwise, will be looking for Buys only,. ...with chance for trade to run...

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Taking partial profits at 32k and setting trailing stop loss helps confidence to stay in the trade. What next? BTC could make a pullback to 32k then push for 40k. Fingers crossed and trail safe.