Amazon.com, Inc.
Short

multi-timeframe analysis for AMZN

903
Hello guys

As you see in chart, it formed a QM structure on a flip of monthly time frame, after confirming that structure started bullish movement and in way make a island pattern because of two sides gap. The last gap doesn’t fill so if we get short position, we can put target below that gap(target=$125.41).
Price formed a three-drive pattern and with RSI divergence confirmed this pattern, three drive is a great approach.

always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment.
BE PROFITABLE

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.