FX.co ★ #TSLA M5: Bearish Symmetrical Triangle

According to the chart of M5, #TSLA formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 443.37/445.51 and upper border is 447.40/445.51. The pattern width is measured on the chart at -403 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and #TSLA breaches the lower border, the price could continue its move toward 445.36.