FX.co ★ #AMZN M5: Bearish Rectangle

According to the chart of M5, #AMZN formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 212.67 – 212.67 and upper border 213.96 – 213.96. In case the lower border is broken, the instrument is likely to follow the downward trend.