FX.co ★ Modèles réels. Analyse technique et recommandations de trading

On the chart of #TSLA M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 440.56; the lower boundary 438.80; the width of the pattern 176 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 438.65 level.

According to the chart of H1, #TSLA formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 424.23 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -3691 pips.

On the chart of #TSLA M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 436.63; the lower boundary 424.23; the width of the pattern 1240 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 424.08 level.

On the chart of the #TSLA M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 432.12, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 574 points.

The Double Top pattern has been formed on #TSLA M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 432.12 is broken, the downward movement will continue.