signal strength 1 of 5
According to the chart of M5, #AMZN formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 206.56/205.38 whereas the lower border goes across 204.16/205.38. The pattern width is measured on the chart at 240 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 205.38 is broken, the price could continue its move toward 205.53.
The M5 and M15 time frames may have more false entry points.
Vea asimismo
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The Double Top reversal pattern has been formed on EURCAD M5. Characteristics: the upper boundary 1.5658; the lower boundary 1.5651; the width of the pattern is 6 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPJPY M5. Characteristics: the support level 194.68; the resistance level 194.84; the width of the pattern 16 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on NZDJPY M5; the upper boundary is 86.73; the lower boundary is 86.53. The width of the pattern is 20 points. In case
The M5 and M15 time frames may have more false entry points.
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