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Actual patterns
Double Bottom
The Double Bottom pattern has formed on the #AMZN M5 chart. Its upper boundary is at 258.76, its lower boundary is at 258.03, and its width is 70 points. A break above the upper boundary at 258.76 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.
Double Top
The Double Top reversal pattern has formed on the #AMZN M5 chart. Its upper boundary is at 262.09, its lower boundary is at 259.65, and its width is 242 points. A short position may be considered below the lower boundary at 259.65, with a potential target at 259.50.
Double Bottom
The Double Bottom pattern has formed on the #AMZN M5 chart. Its upper boundary is at 258.89, its lower boundary is at 258.31, and its width is 60 points. A break above the upper boundary at 258.89 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.
Double Bottom
The Double Bottom pattern has formed on the #AMZN D1 chart. Its support is at 225.51, its resistance is at 258.00, and its width is 3249 points. A break above resistance may confirm a trend reversal, with the first target projected 3189 points away.
Triple Top
The Triple Top pattern has formed on the chart of #AMZN M5 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 269.64 may confirm the bearish scenario. The projected peak-to-trough width is 121 points.