Tesla (TSLA) – SMC Buy Zone Identified🕒 1H Chart | Wave Structure + Liquidity Sweep | Vol: 680K+
🔍 Context:
TSLA appears to have completed a textbook 5-wave impulse, peaking near $385. Price has now retraced into the discount zone, testing a prior equilibrium and FVG (Fair Value Gap)—ideal for reaccumulation.
🧠 Technical Breakdown:
✅ Wave Count Complete: Elliott Wave (1–5) structure suggests a cycle top was formed.
📉 Current Retracement: Price is approaching the 0.5–0.618 Fibonacci retracement and strong OB zone around $294–$303, aligning with Smart Money’s typical entry zones.
📦 Choch → BOS Confirmation: Bullish structure shift suggests a potential reversal zone.
💰 Buy Zone: $294.89 (key low) to $303.17 (equilibrium).
🎯 Target: $513.06 (Fibonacci extension + liquidity cluster).
🧮 Probability Outlook:
📈 Bullish Probability: 70% — Favoring upward continuation post-retrace.
📉 Bearish Breakdown: 30% — If $294 fails, expect deeper retracement toward $267 support.
📊 Strategy Suggestion:
Wait for a bullish confirmation candle near $294–303 zone. Add size above break of minor BOS. Target premium levels with trailing stop logic.
#TSLA #SmartMoneyConcepts #Fibonacci #ElliottWave #VolumeProfile #TradingStrategy #WaverVanirInternational
