Hello traders, Tesla in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
We preferred to do the logarithmic wave count.
But because the structure of the previous waves was not known, we removed it from this state.
Based on the count that was done and according to the channeling, we realized that the main waves 1, 2, 3 and 4 were formed and now we are inside the 5 main wave.
From the main wave 5, waves 1, 2 and 3 are over and now we are inside wave 4. At first we thought wave 4 was zigzag , but then we reached the triangle.
This triangle corrects wave 3 more than usual and correction continues to Fibo 0.78 and the channel floor; if there is an ascent for wave 5 of 5, it should be in the same range, and if the decline goes beyond the warning range, it is likely We have entered the correction phase and there is no ascent.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
We preferred to do the logarithmic wave count.
But because the structure of the previous waves was not known, we removed it from this state.
Based on the count that was done and according to the channeling, we realized that the main waves 1, 2, 3 and 4 were formed and now we are inside the 5 main wave.
From the main wave 5, waves 1, 2 and 3 are over and now we are inside wave 4. At first we thought wave 4 was zigzag , but then we reached the triangle.
This triangle corrects wave 3 more than usual and correction continues to Fibo 0.78 and the channel floor; if there is an ascent for wave 5 of 5, it should be in the same range, and if the decline goes beyond the warning range, it is likely We have entered the correction phase and there is no ascent.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️