Tesla ($TSLA) Will Reject From These Levels

2024年12月26日

Timeframe: 15-Minutes
Ticker: TSLA
Trade Type: Short

Setup Details:
- Entry: $464.87
- Stop-Loss: $470.50
- Target 1: $457.32
- Target 2: $447.27

Rationale:
- Wave Count: Appears to be completing an extended fifth wave in a corrective structure.
- Resistance Zone: Strong supply near $464.87-$470.50 (highlighted in yellow box).
- Risk-Reward: Favorable with targets aligning to key Fibonacci retracement levels.

Trade Management:
- Monitor rejection candles near the short zone.
- Tighten stops if significant bearish momentum emerges near $457.32.
- Exit partially at Target 1 and ride remaining for Target 2 if momentum sustains.

💡 Disclaimer: This setup is for educational purposes. Do your own research before entering trades.

#Tesla #ElliottWave #Fibonacci #TradingIdeas