FX.co ★ Actual patterns. Technical analysis and trading recommendations

The Bullish pennant pattern is formed on the #AMZN M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 247.23, a further uptrend is possible.

The Bullish pennant graphic pattern has formed on the #AMZN M30 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 234.04.

The Bullish pennant signal – Trading instrument #AMZN M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 226.38, with the prospect of the next move being a projection of the flagpole height.