Tesla Geometry

[julianw]

Some nice resonation on the 5 minute chart in Tesla today:

[Thoth]

Wow Julian!

Beautiful chart

[Thoth]

What are the vertical, blue lines?

[julianw]

Hi Thoth,

Those blue lines are fib time projections

0.618
1.00
1.27
1.618

[julianw]

I traded this (as an option) the time prediction was bang on, but I got the direction wrong, as soon as it started to move I got out, basically with a free ride, because the spike in implied volatility increased the value of the option.
If any one has any ideas on how to predict directional reversals on Change-In-Trends I'm all ears.