Tesla short

7 באפר׳ 2021

Fibonacci cluster play, fib retracement cluster at 691 and 689 to 676 bottom at that moment of the session (676 is also a support from my daily chart levels). Gave me a cluster of .618, .5, and .382 fibs lined up together where the top blue box is drawn, seeking for price action to retrace in that area to enter a short. A fib extension was then placed from 691 to 676 to look for a profit taking area, 671-666 are the 1.2-1.6 extended fib supports where you see the bottom blue box drawn