EWFcw

AMZN - Elliott wave analysis - corrective bounce

NASDAQ:AMZN   Amazon.com
Welcome guys,
CycleWave is the top author sharing trade ideas based on EW analysis since last five months on the global stocks, currency pairs, cryptos, future indices and commodities. You can follow us to get more trade ideas/analysis.

AMZN - It has completed (X) wave as wxy double zigzag up and down move from last swing high was impulse down as wave A. So wait for B wave bounce to correct the move thereafter it will start moving down again in C wave down. The ABC sequence will be the part of (Y) wave down.

Give thumbs up if you really like the trade idea.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.