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Bullish Symmetrical Triangle
was formed on 21.03 at 19:35:14 (UTC+0)
signal strength 1 of 5

Bullish Symmetrical Triangle #AMZN M5

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
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Instrument
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  • Bearish Rectangle
  • Bearish Symmetrical Triangle
  • Bearish Symmetrical Triangle
  • Bullish Rectangle
  • Double Top
  • Double Top
  • Triple Bottom
  • Triple Bottom
  • Triple Top
  • Triple Top
Timeframe
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Trend
  • All
  • Buy
  • Sale
Signal Strength
  • All
  • 1
  • 2
  • 3
  • 4
  • 5
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