FX.co ★ Actual patterns. Technical analysis and trading recommendations
Actual patterns
Double Top
The Double Top reversal pattern has formed on the #TSLA M5 chart. Its upper boundary is at 336.79, its lower boundary is at 335.61, and its width is 118 points. A break below the lower boundary is likely to confirm further downward movement toward 335.46.
Double Top
The Double Top reversal pattern has formed on the #TSLA M5 chart. Its upper boundary is at 327.67, its lower boundary is at 326.58, and its width is 111 points. A short position may be considered below the lower boundary at 326.58, with a potential target at 326.43.
Bullish Pennant
A Bullish Pennant continuation signal has formed on the #TSLA M30 chart. A long position may be considered above the pattern high at 324.90, with the projected move based on the height of the flagpole.
Double Top
The Double Top pattern has formed on the #TSLA M5 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 322.29 is likely to confirm further downward movement.
Triple Bottom
The Triple Bottom pattern has formed on the chart of #TSLA M30. The lower boundary is at 299.49, while the upper boundary is at 316.67/310.85. The projected width is 1621 points. The formation of the Triple Bottom pattern most likely indicates a change from a downward to an upward trend. If the confirmation resistance at 316.67 is broken, the price is likely to continue upward.