FX.co ★ #AMZN M30: Bearish Rectangle

According to the chart of M30, #AMZN formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 205.24 - 0.00 and support 199.12 – 199.12. In case the resistance level 199.12 - 199.12 is broken, the instrument is likely to follow the bearish trend.