Technical Note: From a technical perspective, AMZN closed below the BOS(Break of Structure) candle on the Daily timeframe, further strengthening the current bearish trend. This confirms this confluence as a key institutional supply zone. Meanwhile, the price remains above short-term support around 226-214 Price range.
Let the market come to your zones and show its hand. Trade safe and manage your risk! Always wait for your own confirmations before entering the market. Classic trading strategy where you lock in profits during market rallies and purchase assets at a discount when their prices pull back. The goal is to accumulate fundamentally strong assets at lower prices, anticipating they will rebound to new highs.
Risk Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always practice proper risk and position sizing. Stop Loss Must if you want to be a profitable Trader.
MARKET VIEW:-
Current Bias: Bearish
Preferred Strategy: Sell the Rise – Wait for Confirmation
Let the market come to your zones and show its hand. Trade safe and manage your risk! Always wait for your own confirmations before entering the market. Classic trading strategy where you lock in profits during market rallies and purchase assets at a discount when their prices pull back. The goal is to accumulate fundamentally strong assets at lower prices, anticipating they will rebound to new highs.
Risk Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always practice proper risk and position sizing. Stop Loss Must if you want to be a profitable Trader.
MARKET VIEW:-
Current Bias: Bearish
Preferred Strategy: Sell the Rise – Wait for Confirmation
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.