TESLA cup & handle breakout strategy

Potential handle forming in the shape of a consolidation equilibrium tightening pattern. Green dotted lines represent support and resistance levels. Green arrows represent long positions ; red arrows represent short position. Green box represent profit taking area based on 1.618 fib ; red box represents profit taking area based on support zones. Rsi can go above 70 if bull breakout or down to 40 if bear break. Macd showing minimal divergence = low volatility = imminent breakout. Volume 30ma shows volume decreasing. Above average volume will confirm breakout from fake out.