Hello everyone
Amazon started a uptrend in march
and amazon broke this channel to the top
however it seems that we had a blow off top and price went back into channel
watch for key notes in chart and trade with care :)
any question feel free to ask
Amazon started a uptrend in march
and amazon broke this channel to the top
however it seems that we had a blow off top and price went back into channel
watch for key notes in chart and trade with care :)
any question feel free to ask
Note
Price has respected the channel and upper trend line of the channel became Resistance we may
Test the lower trend line of the channel ..
Our plan is to watch lower time frame for Reversal and continue to stay in the channel or if we close below the channel we go short ..
for any question feel free to ask :)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.