#TSLA M5 Bearish pennant

The Bearish pennant pattern has formed on the #TSLA M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 393.83; the projection of the flagpole height is equal to 1181 pips. In case the price breaks out the pattern’s bottom of 393.83, the downtrend is expected to continue for further level 393.68.