Welcome Back to Amazon chart.
Red round highlighted area are the clear sign of price are getting rejected on those points.
There a is good chance that price will get rejected again and it will push back down to to support area before it reach the resistance zone.
look for a entry when market pushes up again toward the resistance zone we can try out multiple entry with one stop loss at 3593.42
first target of take profit 3144 2nd target of take profit at 2867. Risk Reward ratio 2.65
Thank you and trade safe.
Red round highlighted area are the clear sign of price are getting rejected on those points.
There a is good chance that price will get rejected again and it will push back down to to support area before it reach the resistance zone.
look for a entry when market pushes up again toward the resistance zone we can try out multiple entry with one stop loss at 3593.42
first target of take profit 3144 2nd target of take profit at 2867. Risk Reward ratio 2.65
Thank you and trade safe.
Trade closed: target reached