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FX.co ★ #AMZN M5: Triple Top

#AMZN M5: Triple Top

Triple TopThe Triple Top pattern has formed on the chart of the #AMZN M5 trading instrument. It is a reversal pattern with resistance at 263.01/263.21, support at 261.36/262.21, and a width of 165 points. A break below the confirmation support at 261.36 may signal further downward movement.
The M5 and M15 time frames may generate more false entry signals.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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