According to the chart of H1, #AMZN formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 226.79, the lower border is 223.66. The signal means that a short position should be opened after fixing a price below the lower border 223.66 of the Bearish Rectangle. FX.co ★ #AMZN H1: Bearish Rectangle
Signal strength 4 of 5
#AMZN H1: Bearish Rectangle
According to the chart of H1, #AMZN formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 226.79, the lower border is 223.66. The signal means that a short position should be opened after fixing a price below the lower border 223.66 of the Bearish Rectangle. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade