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FX.co ★ #AMZN M15: Bullish Symmetrical Triangle

#AMZN M15: Bullish Symmetrical Triangle

Bullish Symmetrical TriangleAccording to the chart of M15, #AMZN formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 188.05/186.77 whereas the lower border goes across 185.67/186.77. The pattern width is measured on the chart at 238 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 186.77 is broken, the price could continue its move toward 186.99.
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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