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Actual patterns
Bullish pennant
The Bullish pennant signal – Trading instrument #TSLA M30, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 490.58, with the prospect of the next move being a projection of the flagpole height.
Bullish Flag
The Bullish Flag pattern which signals continuation of a trend has been formed on the chart #TSLA M30. Forecast: if the price breaks above the pattern high at 490.58, then traders will be able to place a long deal with the target at 490.88.
Bearish Rectangle
According to the chart of M5, NZDJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 89.76 - 0.00 and support 89.65 – 89.65. In case the resistance level 89.65 - 89.65 is broken, the instrument is likely to follow the bearish trend.
Triple Top
The Triple Top pattern has formed on the chart of the #TSLA M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -66, support level -29, and pattern’s width 169. Forecast If the price breaks through the support level 445.42, it is likely to move further down to 447.29.
Bearish Rectangle
According to the chart of M5, #TSLA formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 447.11, the lower border is 440.12. The signal means that a short position should be opened after fixing a price below the lower border 440.12 of the Bearish Rectangle.