#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...!
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