Amazon.comLong
AMAZON - POTENTIAL BULLISH TREND
Trend bullish on 1H and 4H
Bearish divergence on three previous HH but it's still making a series of HHs and HLs. Also, it doesn't have a bearish divergence on the most recent HH. Therefore, I feel it's going to continue the trend and I'll buy it once it breaks the previous HH.
Entry - Buy Stop - 196.00
Stop Loss - 189.00
TP1 - 203
TP2 - 210
No leverage trade
Bearish divergence on three previous HH but it's still making a series of HHs and HLs. Also, it doesn't have a bearish divergence on the most recent HH. Therefore, I feel it's going to continue the trend and I'll buy it once it breaks the previous HH.
Entry - Buy Stop - 196.00
Stop Loss - 189.00
TP1 - 203
TP2 - 210
No leverage trade
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.