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FX.co ★ #AMZN M5: Bullish Symmetrical Triangle

#AMZN M5: Bullish Symmetrical Triangle

Bullish Symmetrical TriangleThe Bullish Symmetrical Triangle pattern has formed on the #AMZN M5 chart. This is a trend continuation pattern. Its upper and lower boundaries are at 263.21 and 261.33, respectively. The pattern width is 188 points. If the price breaks above the upper boundary at 263.21, it is likely to move toward 262.30.
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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