ðĪ Compression Shows signs Of Potential Tesla Selloff. (TSLA)
ð° LET'S GET INTO SOME TESLA ANALYSIS!ð°
1ïļâĢ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! âĪâĪâĪ
(Overall Market Sentiment) ðĪ·ââïļ Neutral
- We are seeing 2 compression candles known as dojis relativity towards the top of previous Resistance. This is where we would like to look for distribution. We do not have 100% Crossover confirmation on the Crossover strategy. It's not a confirmed play just yet. Need a little more time.
- Only 1/3 ema dots are firing red as of now. This also does not show a trade confirmation.
- We are playing in a nice size range, if we get a Crossover and selloff we could play a short for up to 10% for a potential test on support. If we were to collapse and break old support, chances are that this break to the upside was just a fakeout.
Thanks for checking out our analysis! âðâ
ðĨMLT | MAJOR LEAGUE TRADER
1ïļâĢ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! âĪâĪâĪ
(Overall Market Sentiment) ðĪ·ââïļ Neutral
- We are seeing 2 compression candles known as dojis relativity towards the top of previous Resistance. This is where we would like to look for distribution. We do not have 100% Crossover confirmation on the Crossover strategy. It's not a confirmed play just yet. Need a little more time.
- Only 1/3 ema dots are firing red as of now. This also does not show a trade confirmation.
- We are playing in a nice size range, if we get a Crossover and selloff we could play a short for up to 10% for a potential test on support. If we were to collapse and break old support, chances are that this break to the upside was just a fakeout.
Thanks for checking out our analysis! âðâ
ðĨMLT | MAJOR LEAGUE TRADER
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