FX.co ★ #AMZN M15: Double Bottom

The Double Bottom pattern has been formed on #AMZN M15; the upper boundary is 234.27; the lower boundary is 231.32. The width of the pattern is 295 points. In case of a break of the upper boundary 234.27, 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.