Tesla
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$TSLA Butterfly idea

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I am overnight 233/232$ limit on TSLA, stop below 231$. I am not bullish on TSLA but this could offer a nice bounce play if it has a gap down or sharp drop at the open. You can watch 234-235$

for bullish price action 786 fib extension, i have 0 interest with that level, but it can work.

Look for a pin bar, engulfing bar on gap down at the 1.272 extension. Aim for TP 1 and move stop to entry and then maybe we can get 618 at tp 2.

Low conviction play, Smaller size. Overall lower on TSLA in my opinion. It should be volatile tomorrow, Non-farm payroll tomorrow use caution, I am expecting lower on the indices personally.
ملاحظة
1 hr TSLA Cypher, worth checking out
199.65 entry tsla butterfly
ButterflyHarmonic Patterns

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