Trade followed up.
9 days ago when i posted TSLA (vertical line), price gapped down. I waited for a retraced back around 229
based on the downtrend line extended from March 2014, i anticipated that price will roughly move to 206 (which i exited with profit) that coincide with previous cluster of S/R region.
And price moved as per my path 1 and now price look set to retest the support turn resistance NECKLINE but it has to clear 210 & 216 first!
9 days ago when i posted TSLA (vertical line), price gapped down. I waited for a retraced back around 229
based on the downtrend line extended from March 2014, i anticipated that price will roughly move to 206 (which i exited with profit) that coincide with previous cluster of S/R region.
And price moved as per my path 1 and now price look set to retest the support turn resistance NECKLINE but it has to clear 210 & 216 first!
