FX.co ★ #TSLA M5: Triple Top

The Triple Top pattern has formed on the chart of the #TSLA M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 430.57/434.68 with the upper limit 440.41/440.12; the projection of the width is 984 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 430.57, the price is most likely to continue the downward movement.