Tesla shows a clean CHoCH followed by BOS structure, indicating a potential bullish continuation. The market is forming equal lows into a demand zone (green box), suggesting a possible liquidity sweep before a move higher.
Key Technical Points:
CHoCH (Change of Character) confirmed on strong bullish impulse.
BOS (Break of Structure) signals market intent to continue upward.
Ascending triangle structure with multiple support tests (marked "S").
Anticipated sweep into demand zone: $308–$312 area.
Potential upside target: $365–$375 supply zone.
Bias: Bullish on confirmation of demand reaction.
Disclaimer:
This is not financial advice. Always do your own analysis before investing.
Key Technical Points:
CHoCH (Change of Character) confirmed on strong bullish impulse.
BOS (Break of Structure) signals market intent to continue upward.
Ascending triangle structure with multiple support tests (marked "S").
Anticipated sweep into demand zone: $308–$312 area.
Potential upside target: $365–$375 supply zone.
Bias: Bullish on confirmation of demand reaction.
Disclaimer:
This is not financial advice. Always do your own analysis before investing.
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.
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.