Starting from the 5th of August 2024 every time 
AMZN reaches an important Fibonacci level retraces around 7%, then moves higher.
Once it reached 0.618, the Fibonacci level corrected by 6.86% in 5 days and then moved higher.
We have another wave up followed by another correction this time 7.62% in 9 days.
And again another wave up followed by a correction of 7.51% in 10 days to Fibonacci level 1
Once it reached 1.618 Fib level retraced to 1.382 Fib level Correcting 7.24% in 18 days this time.
AMZN reaches an important Fibonacci level retraces around 7%, then moves higher.Once it reached 0.618, the Fibonacci level corrected by 6.86% in 5 days and then moved higher.
We have another wave up followed by another correction this time 7.62% in 9 days.
And again another wave up followed by a correction of 7.51% in 10 days to Fibonacci level 1
Once it reached 1.618 Fib level retraced to 1.382 Fib level Correcting 7.24% in 18 days this time.
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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.
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.