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The Double Bottom pattern has formed on the #AMZN M30 chart. Its upper boundary is at 255.52, its lower boundary is at 248.55, and its width is 687 points. A break above the upper boundary at 255.52 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level. FX.co ★ #AMZN M30: Double Bottom
Signal strength 3 of 5
#AMZN M30: Double Bottom
The Double Bottom pattern has formed on the #AMZN M30 chart. Its upper boundary is at 255.52, its lower boundary is at 248.55, and its width is 687 points. A break above the upper boundary at 255.52 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade