AMAZON LONG Trade Setup Amazon price crosses over the Risological dotted line at175.4 giving us a clear long trade entry. Long entry: 175.4 Stoploss: 172.2 Targets for this short trade been marked on the chart for your reference and analysis. Consider following me for more analysis and trade setups.
NASDAQ:AMZN ’s recent price action suggests that the stock may be poised for a further decline. After reaching the top of the long-term channel, Amazon’s price has pulled back and is now facing renewed selling pressure. This technical setup aligns with broader market concerns, particularly in light of recent economic data. The rise in unemployment claims and...
Pair : AMZN - AMAZON Description : Rising Wedge as an Corrective Pattern in Long Time Frame and Short Time Frame Break of Structure RSI - Divergence Completed " 12345 " Impulsive Waves Resistance Level
we can enter amazon boy but we must keep the stop under the support shown in the graph
Pair : AMAZON Description : Completed " 12345 " Impulsive Waves Break of Structure RSI - Divergence Double Top in Short Time Frame Fibonacci Level - 261.8%
Pair : Amazon AMZN Description : Bullish Channel as an Corrective Pattern in Short Time Frame RSI - Divergence Break of Structure Rising Wedge in Long Time Frame CHoCH
Pair : Amazon AMZN Description : Bullish Channel as an Corrective Pattern in Long Time Frame RSI - Divergence Break of Structure Bearish Channel in Short Time Frame and Rejection from Lower Trend Line Completed " 123 " Impulsive Waves
Pair : Amazon Index Description : Rising Wedge as an Corrective Pattern in Long Time Frame with the Rejection from Lower Trend Line and Rejecting from Lower Trend Line of the Corrective Pattern " Bullish Channel " in Short Time Frame. Completed Impulse and " ABC " Corrective Waves
Hello Traders, welcome to today's analysis of Amazon. -------- Explanation of my video analysis: With the quite obvious and expected channel breakout in 2016, we saw a rally of more than 500% towards the upside on Amazon. This pump was followed by a retracement back to a previous support level before we saw another bullish reversal. If Amazon breaks back...
My name is Philip, I am a German swing-trader with 4+ years of trading experience and I only focus on price action and market structure 🖥️ I am trading the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term...
Shorting here small size just cause the charts confluence is too much. My other shorts will yield much more % if I am right but cant not trade this chart. Not advise.
On the daily Amazon has formed what's known as a Short Formed W Formation. This is where the second rounding bottom has a HIGHER low than the first. This is more bullish than a standard W Formation, IMO, because it means the bulls did not let the price get to the previous low. The fact that the price has broken up and out of the neckline, shows strong buying...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Amazon stock is currently breaking above a major previous weekly structure area exactly at the $105 level which is now turned support. You can also see that over the past months, Amazon has been creating a solid double bottom, weekly...
I just entered with a short on AMAZON< we have 3 scenarios to TP.
As we can see in the chart, Amazon(AMZN) WXY correction is in blue and we expect more downside to around $60 only when the wave (Y) in blue and Wave ((II)) in black are complete. Technical Analysis: - H1 & H4 Right Side are Turning Down - Technically AMZN has now 5 waves down and has a strong correlation with NASDAQ - that's why we expect that it extends...
Short amazon for the given levels - pls maintain your sl as per your appetite
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . Just recently Amazon stock perfectly retested and also rejected a quite obvious previous weekly support zone which was turned very strong support again. After this first initial bounce, Amazon stock then created a rejection of a long term downtrend-line and is once again...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . From a weekly perspective Amazon recently tested a quite obvious previous weekly support area from which we started a quite nice rally towards the upside. Considering the fact that Amazon also broke above a key weekly downtrend-line, I think that we have some more overall...