logo

FX.co ★ #AMZN M5: Double Top

#AMZN M5: Double Top

Double TopOn the chart of #AMZN M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 201.08; the lower boundary 200.06; the width of the pattern 102 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 199.91 level.
The M5 and M15 time frames may have more false entry points.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction
Go to the patterns list Go to graph