FX.co ★ #TSLA M5: Bearish Symmetrical Triangle

According to the chart of M5, #TSLA formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 235.81/243.68 and upper border is 249.04/243.68. The pattern width is measured on the chart at -1323 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 243.53.