$Tesla (TSLA.US)$ If tonight close at 192-193 im definitely ...
$Tesla(TSLA.US$ If tonight close at 192-193 im definitely aiming for $238 a share.
this is the 4 hour time frame for Tesla. Do notice that the green area highlighted has 2 long wicked candlesticks, which tells u that price rejected from going even further down. look at MACD for double confirmation. MACD looks convincing enough and believable that either today or next monday will be the cross over of both lines in MACD. the real question is boon or bane? 🤯🤯🤯🤯
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19 year old trader
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TimesUp :
b34r : Why are you using 4h time frames? The trading day is 7.5 hours, so how does the daily missing half hour work on this chart?
gabrielgohOP b34r: Thats right. A normal Trading day has only 7.5 hours but it has nothing to do with it. There are certain time frames in a chart etc. 15 minutes TF, 3 hour TF, 1 Day TF all the way to 1 Year TF. Lets say if you want to look at weekly time frame, it consist of 5x 7.5 hours trade to give you the candlestick pattern for that particular week. Same for 4 hour time frame. It only tells u the what the half of the day’s price movement to determine your next move in the market