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FX.co ★ #AMZN M5: Triple Bottom

#AMZN M5: Triple Bottom

Triple BottomThe Triple Bottom pattern has been formed on #AMZN M5. It has the following characteristics: resistance level 3044.82/3040.27; support level 3018.04/3018.94; the width is 2678 points. In the event of a breakdown of the resistance level of 3044.82, the price is likely to continue an upward movement at least to 3023.39.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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