The M5 and M15 time frames may have more false entry points.
FX.co ★ #TSLA M5: Bullish Symmetrical Triangle
Signal strength 1 of 5
#TSLA M5: Bullish Symmetrical Triangle
According to the chart of M5, #TSLA formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 195.11/0.00 whereas the lower border goes across 196.44/0.00. The pattern width is measured on the chart at -133 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.00 is broken, the price could continue its move toward 195.26.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade