The M5 and M15 time frames may have more false entry points.
FX.co ★ #AMZN M5: Bullish Symmetrical Triangle
Signal strength 1 of 5
#AMZN M5: Bullish Symmetrical Triangle
According 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.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction