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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 110.87/110.30; support level 109.75/108.98; the width is 112 points. In the event of a breakdown of the resistance level of 110.87, the price is likely to continue an upward movement at least to 109.62.
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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