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FX.co ★ #AMZN M15: Double Bottom

#AMZN M15: Double Bottom

Double BottomThe Double Bottom pattern has been formed on #AMZN M15. Characteristics: the support level 3018.04; the resistance level 3044.82; the width of the pattern 2678 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 2588 points.
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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