We are looking for a strong bounce at the pivot coming up……keep an eye on MACD and RSI to confirm it. This is a scenario where it’s beneficial to add additional calls position on confirmation
$Tesla (TSLA.US)$ From the looks of things, this is likely the spot where it will bounce and break the 540 psychological level and continue rallying up hard. (of course this is also a spot where it could briefly trend down, providing an even better entry)
Also, whoever it was is useful. If not going all the way to the three minute, you’re not able to spot the trendline created at the beginning of the day in the first couple of 3min scale candles.
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RIPPER OP : See what I’m saying?
MarketReaper : Yo what platform you use to analyze the markets?
RIPPER OP MarketReaper : The one you are using