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

The Triple Bottom pattern has formed on the chart of the #TSLA M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 396.50/395.78.

The Double Bottom pattern has been formed on #TSLA M5. Characteristics: the support level 408.39; the resistance level 410.90; the width of the pattern 251 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 261 points.

According to the chart of M30, #TSLA formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 400.29 is likely to encourage a continuation of the downward trend.

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 411.71 is broken, the downward movement will continue.

The Triple Bottom pattern has formed on the chart of the #TSLA M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 417.59/416.51.