Tesla

TSLA: Triangle Pattern

653
Researching the market through structural lens, particularly the topology of trapped liquidity buildup and compression of volatility, that leads to a proportionally heavier move once a breakout occurs.

Raw compression area derived from waves of higher degrees (2nd, 3rd)
snapshot
The longer price consolidates within boundaries of a triangular formation, the more significant the breakout tends to be.
snapshot

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.