2019-06-20 Bullish symmetrical triangle #TSLA M5

According to the chart of M5, #TSLA formed the Bullish symmetrical triangle pattern. Description: This is the pattern of a trend continuation. 217.50 and 220.45 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at -295 pips. Outlook: If the upper border 217.50 is broken, the price is likely to continue its move by 219.06 pips.

2019-06-20 Bullish Rectangle #TSLA M5

According to the chart of M5, #TSLA formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 217.50 – 217.50 and upper border 220.40 – 220.40. In case the lower border is broken, the instrument is likely to follow the downward trend.

2019-06-20 Triple Top GBPAUD M5

The Triple Top pattern has formed on the chart of the GBPAUD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 1.8337/1.8346 with the upper limit 1.8353/1.8359; the projection of the width is 16 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 1.8337, the price is most likely to continue the downward movement.

2019-06-20 Bearish Symmetrical Triangle #NTDOY M5

According to the chart of M5, #NTDOY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 44.87 is likely to encourage a continuation of the downward trend.