FX.co ★ #TSLA M5: Bearish Rectangle

According to the chart of M5, #TSLA formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 377.30 - 0.00 and support 372.82 – 372.82. In case the resistance level 372.82 - 372.82 is broken, the instrument is likely to follow the bearish trend.