Amazon.comLong
[AMZN] - Long
Updated
We've seen a STH broken with velocity and displacement. Shift in market structure.
Currently respecting the bottom end of the bullish breaker. Which we would want to see the candle bodies respect and prefer to stay within. i.e act as support.
Fallback would be a touch of the upper half of the FVG, but prefer if it remained at the bullish breaker for a continuation higher.
Multiple targets and draws on liquidity with the liquidity VOIDS and Volume imbalances.
Currently respecting the bottom end of the bullish breaker. Which we would want to see the candle bodies respect and prefer to stay within. i.e act as support.
Fallback would be a touch of the upper half of the FVG, but prefer if it remained at the bullish breaker for a continuation higher.
Multiple targets and draws on liquidity with the liquidity VOIDS and Volume imbalances.
Note
Very interesting to see that S&P500 has made huge downside strides with speed and distance, and [AMZN] has not quite followed suite. Daily FVG and Volume imbalance supporting price.Note
However, We have had a down-close candle close below C.E and inside the VI. Possible crack, but still looks to be supporting price.
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.