TSLA Bearish CHoCH: Why Candle Closes Matter

Summary

Hollow Point Trading shares a lesson on identifying a bearish change of character in Tesla (TSLA). It explains how a completed candle close below the fixed 372.31 swing low challenges the prior higher-high, higher-low structure, while emphasizing that a wick alone does not confirm the break.

https://youtu.be/XHMvO3ZsRMs

Tesla: Bearish CHoCH: close versus wick #Shorts

TSLA Bearish CHoCH: Why Candle Closes Matter
Bearish CHoCH on TSLA. First identify the confirmed swings: higher highs and higher lows. The gold line marks the relevant swing low at 372.31. Now watch a completed candle close below that fixed level. Under this definition, that break challenges the preceding structure. It is an early change, not a completed reversal. A wick alone does not mee...

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