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FX.co ★ #AMZN D1: Double Bottom

#AMZN D1: Double Bottom

Double BottomThe Double Bottom pattern has formed on the #AMZN D1 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 258.00. The projected move is based on the pattern width of 3249 points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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