FX.co ★ #AMZN M5: Double Bottom

The Double Bottom pattern has been formed on #AMZN M5; the upper boundary is 246.64; the lower boundary is 244.37. The width of the pattern is 228 points. In case of a break of the upper boundary 246.64, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.