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 lower to around $60 where smart buyers will must appear and we'll like to do an edging buy.
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 lower to around $60 where smart buyers will must appear and we'll like to do an edging buy.
Giao dịch đang hoạt động
Technical Analysis:- Don't buy AMZN in short term
- In short term AMZN continues to extend lower
- H1 & H4 Right Side are Turning Down
- We need to check the Correlation with NASDAQ
Giao dịch đang hoạt động
Technical Analysis:
- AMZN is about to complete a wave ((2)) in black as you can see chart
- If the invalidation level 1 crosses will take place a bounce in WXY correction
- We expect it continues lower to complete wave C in red around $58-$60 where smart buyers will must appear
- H1 Right Side is Turning Up
- H4 Right Side is Turning Down
Technical Information:
- Wait for correction to be completed in order to buy
- Don't sell AMZN
Giao dịch đang hoạt động
Technical Analysis:
✅ OUR LAST WEEKLY CHART IS VERY CONSISTENT WITH OUR OTHERS PUBLISHED WEEKLY CHARTS
- AMZN is about to complete a wave ((2)) in black as you can see in the chart
- If the invalidation level 1 crosses will take place a more big bounce
- We expect that price continues lower to complete wave C in red and wave ((II)) in black around 660 where smart buyers will must appear
- H1 & H4 Right Side is Turning Down
Technical Information:
- We expect smart buyers will arrive at around 660
- Don't sell AMZN now as it can do a double b correction in red
✅ Get trading news and learn about amazing trading strategies, tools and education
✅ iOS App: itunes.apple.com/app/id6471829868
✅ Android App: play.google.com/store/apps/details?id=com.marketrightside.marketrightside
✅ iOS App: itunes.apple.com/app/id6471829868
✅ Android App: play.google.com/store/apps/details?id=com.marketrightside.marketrightside
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
✅ Get trading news and learn about amazing trading strategies, tools and education
✅ iOS App: itunes.apple.com/app/id6471829868
✅ Android App: play.google.com/store/apps/details?id=com.marketrightside.marketrightside
✅ iOS App: itunes.apple.com/app/id6471829868
✅ Android App: play.google.com/store/apps/details?id=com.marketrightside.marketrightside
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.