logo

FX.co ★ #AMZN M5: Triple Top

#AMZN M5: Triple Top

Triple TopOn the chart of the #AMZN M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 193.71, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 56 points.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the patterns list Go to graph