FX.co ★ #AMZN M30: Double Bottom

The Double Bottom pattern has formed on the #AMZN M30 chart. Its upper boundary is at 250.54, its lower boundary is at 247.80, and its width is 283 points. A break above the upper boundary at 250.54 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.