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GreenCandleTrading-GCT
Jul 7, 2021 12:44 PM

AMAZON TO 2.5K AREA?! Short

Amazon.com, Inc.NASDAQ

Description

AMAZON DOUBLE ZIGZAG COMPLEX CORRECTION IN WAVE 4 STILL GOING ON.

EXPECTING A DROP TO 2.5K AREA IN WAVE Z OF WAVE 4.
AFTER, SHOULD GO HIGHER TO 4.5K AREA.

GOODLUCK!
Comments
Kaxe
This would be a great buy if it dips so heavy.
Keep going this great work.
imanuvel
no it will not come that below until and unless market crash , very big support around 2900-2950 it can be a good opportunity to buy there
Kalyani108
Problem with your labeling:
blue C of white Y - w4 overlaps w1 - breaking the core rules of Elliot
blue C of green X - has the wrong look. It has a 3 wave look to it.
red C of yellow (W) - has the wrong look. Wave 2 timing of formation is not in line with W4 timing of formation.
Nature follows the law of simplicity. A triangle is much more likely and is in line with the maturity of the indexes.
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