Amazonstock
AMZN LONG SET UP TO FILL GAP AT $3,500Long term swing TP points
TITLE/(DATE)- BUY AMAZON
scalpel trade
ASSET- AMZN
PLATFORM- MT4
ORDER TYPE- BUY limit
Time Frame- 1D
ENTRY PRICE 1- 3086.00
ENTRY PRICE 2-3068.00
STOP LOSS- 3056.00 (300 PIPS)
TAKE PROFIT 1- 3116.00 (300 PIPS)
TAKE PROFIT 2- 3186.00 (1000) PIPs)
TAKE PROFIT 3- 3286.00 (2000 PIPs)
TRAIL STOP LOSS FROM TP.2 to TP.3 when price reaches TP.4
TAKE PROFIT 4- 3,368 (2800 PIPs)
Take PROFIT 5- 3,486 (4,000 PIPs)
STATUS: ACTIVE
TITLE/(DATE)- BUY AMAZON
scalpel trade
ASSET- AMZN
PLATFORM- MT4
ORDER TYPE- BUY limit
Time Frame- 1D
ENTRY PRICE 1- 3086.00
ENTRY PRICE 2-3068.00
STOP LOSS- 3056.00 (300 PIPS)
TAKE PROFIT 1- 3116.00 (300 PIPS)
TAKE PROFIT 2- 3146.00 600) PIPs)
TAKE PROFIT 3- 3176.00 (900 PIPs)
STATUS: PENDING
AMZN continue its equilibriumHello everybody, the AMAZON stock price seems entering in an equilibrium range since 14 April, after passing a good uptrend since 16 March.
In the actual conditions, the AMZN stock price will continue in its equilibrium, but could at any time break it :
- above which mean another increasing trend
- or below the rectangle which means a decreasing trend.
AMAZON $1569/$1600 by next weekAmazon has a Double top pattern with bearish divergence at all time high, It did broke the neckline (1902$) and it's currently doing a retest of it, short entry values are $1869 and $1902, with stop loss at $1954 it will take 2 or 3 days, before it starts retracing sharply to its next support zone $1569/$1600 this should be Next week, will probably reach the targets between oct 17 and oct 19