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FX.co ★ #AMZN M5: Bullish Symmetrical Triangle

#AMZN M5: Bullish Symmetrical Triangle

Bullish Symmetrical TriangleAccording to the chart of M5, #AMZN formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 185.60/186.99 whereas the upper border goes across 188.05/186.99. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of #AMZN will breach the upper border to head for 187.14.
The M5 and M15 time frames may have more false entry points.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction
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