FX.co ★ #AMZN M5: Triple Bottom

The Triple Bottom pattern has formed on the chart of #AMZN M5. Features of the pattern: The lower line of the pattern has coordinates 213.16 with the upper limit 213.16/213.03, the projection of the width is 128 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 211.88, the price is most likely to continue the upward movement.