
The Double Bottom pattern has been formed on #TSLA M5; the upper boundary is 267.51; the lower boundary is 261.86. The width of the pattern is 588 points. In case of a break of the upper boundary 267.51, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
The M5 and M15 time frames may have more false entry points.