FX.co ★ #TSLA H1: Triple Bottom

The Triple Bottom pattern has formed on the chart of #TSLA H1. Features of the pattern: The lower line of the pattern has coordinates 419.73 with the upper limit 419.73/412.91, the projection of the width is 3065 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 389.08, the price is most likely to continue the upward movement.