After opening higher , TSLA went for closing the GAP .
Things to be noticed :
1.Prediction of Gap closing
2.Quickly covering the positions to save my profit .
3.Added small quantity after it rested the newly formed resistance area.
4.Traded using a trendline.
5.How trendline can act as a support or resistance .
6.Formation of descending triangle pattern.
7.How I cover my partials.
Note : The open amount in Live trading is in Dollars.
Things to be noticed :
1.Prediction of Gap closing
2.Quickly covering the positions to save my profit .
3.Added small quantity after it rested the newly formed resistance area.
4.Traded using a trendline.
5.How trendline can act as a support or resistance .
6.Formation of descending triangle pattern.
7.How I cover my partials.
Note : The open amount in Live trading is in Dollars.