LETS GO SHORT ON AMAZON
Currently the price of AMZN has been in a down trend channel, having higher highs and lower lows, right now we have one of the best moments for entering on sells, besides the price touching and rejecting our top trendline, we also have a double top, or an harmonic Pattern, we wait for the price to break below the yellow zone that is a psychological level with a good candle, we wait for a rejection candle to the up trend, or an intention candle that confirms the sell so we can be sure of the trade, we enter short until price reaches our down trendline, happy profits!
Mariel Lang
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