$AMZN Bearish Setup Targeting 2070 Then filling Yellow gap!
Bearish candlesticks with Overbought RSI and MFI suggested bearish trend targeting 2070 as 1st target then can be bounced from there and continue targeting above 2200 . if 2070 broken down then probable will fill the gap between 1950-1970 . Its very interesting that no one trade on that gap , even when its bounced up . it lifted this gap without trading during (up/down) movements so its more likely this gap will be filled during coming months .. Unfortunately all indicators showing negative signals so its going down unless new or major good headlines comes out..
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Trade active:
Trade closed: target reached:
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Trade closed: target reached:
