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

#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.
2022-12-01

#TSLA M5

Bullish pennant
The Bullish pennant pattern is formed on the #TSLA M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 191.82, a further uptrend is possible.
2022-12-01

#TSLA M5

Bullish pennant
The Bullish pennant pattern is formed on the #TSLA M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 181.04, a further uptrend is possible.
2022-11-30

#TSLA M5

Double Top
The Double Top reversal pattern has been formed on #TSLA M5. Characteristics: the upper boundary 188.25; the lower boundary 186.14; the width of the pattern is 203 points. Sell trades are better to be opened below the lower boundary 186.14 with a possible movements towards the 185.99 level.
2022-11-28

#TSLA M5

Double Bottom
The Double Bottom pattern has been formed on #TSLA M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 168.97 is broken. The further movements will rely on the width of the current pattern 169 points.
2022-11-21

#TSLA M30

Bearish pennant
The Bearish pennant pattern has formed on the #TSLA M30 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 171.18, a trader will be able to successfully enter the sell position.
2022-11-21

#TSLA M15

Bearish pennant
The Bearish pennant pattern has formed on the #TSLA M15 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 173.15, a trader will be able to successfully enter the sell position.
2022-11-21

#TSLA M5

Bearish Symmetrical Triangle
According to the chart of M5, #TSLA formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 184.09 is likely to encourage a continuation of the downward trend.
2022-11-17

#TSLA M5

Double Bottom
The Double Bottom pattern has been formed on #TSLA M5; the upper boundary is 189.09; the lower boundary is 186.65. The width of the pattern is 226 points. In case of a break of the upper boundary 189.09, 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.
2022-11-16

#TSLA M5

Double Top
The Double Top reversal pattern has been formed on #TSLA M5. Characteristics: the upper boundary 200.22; the lower boundary 197.48; the width of the pattern is 304 points. Sell trades are better to be opened below the lower boundary 197.48 with a possible movements towards the 197.33 level.
2022-11-15