FX.co ★ Modèles réels. Analyse technique et recommandations de trading

The Bullish pennant pattern is formed on the #AMZN M30 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 190.60, a further uptrend is possible.

The Bullish pennant graphic pattern has formed on the #AMZN M15 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 190.41.

According 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.

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.

The Double Top pattern has been formed on #AMZN M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 184.51 is broken, the downward movement will continue.

The Bearish pennant pattern has formed on the #AMZN H1 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 179.49, a trader will be able to successfully enter the sell position.

The Bearish pennant pattern has formed on the #AMZN H1 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 179.49, a trader will be able to successfully enter the sell position.

The Double Bottom pattern has been formed on #AMZN M5. Characteristics: the support level 180.20; the resistance level 180.95; the width of the pattern 75 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 74 points.

The Bearish pennant pattern has formed on the #AMZN M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 180.25, a trader will be able to successfully enter the sell position.

The Bearish pennant pattern has formed on the #AMZN M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 180.54; the projection of the flagpole height is equal to 514 pips. In case the price breaks out the pattern’s bottom of 180.54, the downtrend is expected to continue for further level 180.24.