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

The Bearish pennant pattern has formed on the #TSLA M15 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 315.09 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.

The Triple Bottom pattern has formed on the chart of the #TSLA M15 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 344.29/333.50.

The Triple Bottom pattern has formed on the chart of the #TSLA M15 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 344.29/333.50.

According to the chart of M5, #TSLA formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 358.34 and 328.73 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 2961 pips. Outlook: If the upper border 358.34 is broken, the price is likely to continue its move by 344.69.

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 41, support level -327, and pattern’s width 762. Forecast If the price breaks through the support level 311.51, it is likely to move further down to 318.04.