Telsa, Bullish Opportunity: Wait for the Pullback first.

TESLA / 1D

Hello Traders, welcome back to another market breakdown.

The market is showing strong bullish momentum, breaking through key resistance levels and signaling a potential continuation to the upside. However, instead of jumping in at current levels, I recommend waiting for a pullback into the breakout zone for a more strategic entry.


If the pullback holds and buying confirms, the next leg higher could target:

1- First Resistance: Immediate levels formed during prior consolidation.
2- All-time high
3- The one standard deviation target is shown in the chart.

Why Wait?
Entering after a pullback ensures you're trading with confirmation and reduces the risk of chasing the market. This approach not only minimizes drawdowns but also increases the probability of catching the trend at a stronger position.

Stay disciplined, wait for the market to come to you, and trade with confidence!

Trade safely,
Trader Leo.