Analyse Amazon on 4H TF
Hello traders, my analyse on Amazon.
I have a zone here, where I marked current strong support and current strong resistance, these zones as such, correspond to the volume profile, the price is currently at the upper limit of our resistance, my prediction is that if the price did not break current resistance and would return back to my support, so based on still other indicators I would choose to enter the trade towards a long position.
I have a zone here, where I marked current strong support and current strong resistance, these zones as such, correspond to the volume profile, the price is currently at the upper limit of our resistance, my prediction is that if the price did not break current resistance and would return back to my support, so based on still other indicators I would choose to enter the trade towards a long position.
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