logo

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 122.89/123.98 whereas the upper border goes across 124.75/123.98. 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 124.13.
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
Go to the patterns list Go to graph