was formed on 21.03 at 19:35:14 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
According to the chart of M5, #AMZN formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 194.75/195.42 whereas the upper border goes across 195.92/195.42. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of #AMZN will breach the upper border to head for 195.57.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
