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Bullish Symmetrical Triangle
was formed on 19.05 at 18:13:43 (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, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 206.56/205.38 whereas the lower border goes across 204.16/205.38. The pattern width is measured on the chart at 240 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 205.38 is broken, the price could continue its move toward 205.53.

The M5 and M15 time frames may have more false entry points.

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