FX.co ★ #AMZN M5: Double Bottom

The Double Bottom pattern has been formed on #AMZN M5; the upper boundary is 213.90; the lower boundary is 212.76. The width of the pattern is 123 points. In case of a break of the upper boundary 213.90, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.