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FX.co ★ #TSLA D1: Bearish Symmetrical Triangle

#TSLA D1: Bearish Symmetrical Triangle

Bearish Symmetrical TriangleAccording to the chart of D1, #TSLA formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 337.01/399.66 and upper border is 469.33/399.66. The pattern width is measured on the chart at -13232 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and #TSLA breaches the lower border, the price could continue its move toward 399.26.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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