The Double Bottom pattern has formed on the #AMZN D1 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 258.00. The projected move is based on the pattern width of 3249 points. FX.co ★ #AMZN D1: Double Bottom
Signal strength 5 of 5
#AMZN D1: Double Bottom
The Double Bottom pattern has formed on the #AMZN D1 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 258.00. The projected move is based on the pattern width of 3249 points. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade