FX.co ★ Actual patterns. Technical analysis and trading recommendations

The Bearish Rectangle has formed on the #TSLA M5 chart and indicates a likely continuation of the trend. Its resistance zone is at 352.64–352.64 and its support zone is at 351.12–351.12. A break below support at 351.12 is likely to signal a continuation of the bearish trend.

The Double Bottom pattern has formed on the #TSLA M15 chart. Its upper boundary is at 352.57, its lower boundary is at 351.19, and its width is 145 points. A break above the upper boundary at 352.57 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.

The Double Bottom pattern has formed on the #TSLA M15 chart. Its upper boundary is at 383.76, its lower boundary is at 351.12, and its width is 3226 points. A break above the upper boundary at 383.76 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.

The Triple Bottom pattern has formed on the #TSLA M5 chart. A break above the confirmation resistance at 355.53 may signal a reversal from a downtrend to an uptrend.

The Triple Bottom pattern has formed on the #TSLA M5 chart. It has the following characteristics: resistance at 346.71; support at 344.94; pattern width of 177 points. If the confirmation resistance at 346.89 is broken, the price is likely to continue upward by at least 109 points.