logo

FX.co ★ #AMZN M15: Head and Shoulders

#AMZN M15: Head and Shoulders

Head and ShouldersThe Head and Shoulders pattern has formed on the #AMZN M15 chart. The head high is at 259.42, while the neckline passes through 252.70/253.76. The pattern may reverse the current uptrend. A break below the lower neckline anchor may confirm the bearish reversal.
The M5 and M15 time frames may generate more false entry signals.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the patterns list Go to graph