FX.co ★ #AMZN M15: Bullish Symmetrical Triangle

The Bullish Symmetrical Triangle pattern has formed on the #AMZN M15 chart, signaling a likely continuation of the trend. Its upper boundary passes through 263.26/262.15, while its lower boundary passes through 261.29/262.15. The pattern width is 197 points. When the Bullish Symmetrical Triangle forms during an uptrend, it indicates that the prevailing trend may continue. A breakout above 262.15 could send the price toward 262.38.