FX.co ★ #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 198.71/199.07 whereas the upper border goes across 199.39/199.07. 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 199.22.