FX.co ★ #AMZN M5: Bearish Rectangle

According to the chart of M5, #AMZN formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 204.02 – 204.02 and upper border 205.86 – 205.86. In case the lower border is broken, the instrument is likely to follow the downward trend.