FX.co ★ #AMZN M5: Triple Top

The Triple Top pattern has formed on the chart of the #AMZN M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 121.71/122.24 with the upper limit 122.64/122.93; the projection of the width is 93 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 121.71, the price is most likely to continue the downward movement.