FX.co ★ Patterns #TSLA | Tesla, Inc. Stock Price

On the chart of #TSLA M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 336.79; the lower boundary 335.61; the width of the pattern 118 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 335.46 level.

The Double Top reversal pattern has been formed on #TSLA M5. Characteristics: the upper boundary 327.67; the lower boundary 326.58; the width of the pattern is 111 points. Sell trades are better to be opened below the lower boundary 326.58 with a possible movements towards the 326.43 level.

The Bullish pennant signal – Trading instrument #TSLA M30, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 324.90, with the prospect of the next move being a projection of the flagpole height.

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 322.29 is broken, the downward movement will continue.

The Triple Bottom pattern has formed on the chart of #TSLA M30. Features of the pattern: The lower line of the pattern has coordinates 316.67 with the upper limit 316.67/310.85, the projection of the width is 1038 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 306.29, the price is most likely to continue the upward movement.

The Triple Bottom pattern has formed on the chart of the #TSLA H1 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 316.67/310.85.

The Triple Bottom pattern has formed on the chart of #TSLA M5. Features of the pattern: The lower line of the pattern has coordinates 312.32 with the upper limit 312.32/311.71, the projection of the width is 405 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 308.27, the price is most likely to continue the upward movement.

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 326.08/321.88.

According to the chart of D1, #TSLA formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 337.01 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -13232 pips.

The Double Bottom pattern has been formed on #TSLA M5; the upper boundary is 381.15; the lower boundary is 378.56. The width of the pattern is 285 points. In case of a break of the upper boundary 381.15, 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.