FX.co ★ #AMZN M30: Bearish Rectangle
Signal strength 3 of 5
#AMZN M30: Bearish Rectangle
According to the chart of M30, #AMZN formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 179.78 – 179.78 and upper border 182.33 – 182.33. In case the lower border is broken, the instrument is likely to follow the downward trend.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade