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

According to the chart of H1, #AMZN formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 205.24, the lower border is 199.12. The signal means that a short position should be opened after fixing a price below the lower border 199.12 of the Bearish Rectangle.

According to the chart of M30, #AMZN formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 205.24 - 0.00 and support 199.12 – 199.12. In case the resistance level 199.12 - 199.12 is broken, the instrument is likely to follow the bearish trend.

According to the chart of M30, #AMZN formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 205.24, the lower border is 199.12. The signal means that a short position should be opened after fixing a price below the lower border 199.12 of the Bearish Rectangle.

According to the chart of H1, #AMZN formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 205.24, the lower border is 199.12. The signal means that a short position should be opened after fixing a price below the lower border 199.12 of the Bearish Rectangle.

The Triple Top pattern has formed on the chart of the #AMZN M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -5, support level -69, and pattern’s width 138. Forecast If the price breaks through the support level 203.11, it is likely to move further down to 204.00.