FX.co ★ #TSLA M30: Bearish pennant

The Bearish pennant pattern has formed on the #TSLA M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 382.04; the projection of the flagpole height is equal to 2108 pips. In case the price breaks out the pattern’s bottom of 382.04, the downtrend is expected to continue for further level 381.74.