We have just recent established a upper trend line. The fib 1.618 from previously high/bottom is at 2520. Target would be 1750 area, but depends on tempo Going short, no. The trend is to strong, but good indicator for index if we start to se a drop around these lvls.
Good Day Beautiful People, Here's a short time analysis for amazon. As you can see we have an important resistance at 2419.54$ which I think will soon be reached. An uptrend channel has been formed (you can see the channel better in shorter time frames) and is aiming towards the Resistance line. We have a...
Short play with stop loss over the resistance. -NFA
$AMZN Price action has distributional characteristics and the gap fill looks like a good entry (LPSY in Wyckoff methodology) for a markdown phase. Next hourly candle should confirm or void the idea.
Looking at Amazon on the monthly chart If you want to know what parabolic looks like, here is a great example. Internal indicators: * RSI heavily over bought and creating bearish divergence * W%R very over bought and embedded * Histogram has made a Lower Low that hasn't resolved itself yet and also creating bearish divergence * OBV is still up and healthy due...
Looks like a kind of Head and sholders. Targets 2150-2100
High Probability for the #AMZN going down to "2311.5" if the price break the 2363.26 However if bread the 2380 then will going up the "2414.05"
keep follow this idea i will to give you Update for this trade
Hello everybody, please follow and support my analysis with a like. AMZN is giving strong short term bearish signal for today's session. Sell AMZN
Completed ascending triangle pattern. Price could be in parallel channel. If so, price can drop to and bounce at the intersections of the yellow lines. Sept 2020: possibly $2012 or $1735 Sept 2021: possibly $2012 unless price breaks below channel.
Two rising wedges ATVI and AMZN ATVI has already undergone a breakdown phase good for a short due to it being at a critical Fibonacci resistance, looking to recover on a long term uptrend AMZN is quite extended and should pullback
Amazon has formed a bearish rising wedge I have included some fib spirals predicting tops and .236 as a possible bottom Looks good for a short! Learnt impulsive and responsive waves from Kinnari_Prajapati, thankyou.
AMZN has proven itself to has bullish features, but is that momentum slowing down? MA's indicate so, for now, momentum can be seen to be slower than the normal rapid bullish movements that are seen. This momentum will resume once MA's decide on a direction whether it be upwards and continuation of this very weak upward trend or breakdown to begin a new respectable...
Dates in the future with the highest probability for price direction reversals
ENTRY: 1885.00 TP: 1850.00 TP2: 1830.00 TP3: 1800 SL: 1915.00 Chart time frame - 4H Time for reaching TP - 1-3D Follow, Like, Share or Comment Thanks on supporting! All best!
MIGHT TAKE some time but a big loss is coming approximately as expected