The Bearish pennant pattern has formed on the #AMZN M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 208.32; the projection of the flagpole height is equal to 559 pips. In case the price breaks out the pattern’s bottom of 208.32, the downtrend is expected to continue for further level 208.17. The M5 and M15 time frames may have more false entry points.