Hello 🐋 Based on the chart after a long time, correction to the downside the price is close to the round number $100, major support and the channel support ✔️ if the price doesn't break the round number and the major support to the downside we will see gain from here beside, the range market is an acceptable scenario too 📖💡🚀 otherwise we can see more gain from...
ENTRY: 1885.00 TP: 1850.00 TP2: 1830.00 TP3: 1800 SL: 1915.00 Chart time frame - 4H Time for reaching TP - 1-3D Follow, Like, Share or Comment Thanks on supporting! All best!
Hello Traders, In this Elliott Wave Analysis, we will have a look at Amazon. Short-term it is suggesting that the cycle from 6/25/2018 low ($1646.31) is rallying higher in an impulse structure. This suggests that the internal sub-division of each leg higher is unfolding as 5 waves structure of lesser degree i.e black wave ((i)), ((iii)) & ((v)), whereas wave...
If the price breaks the resistance, it will go up
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards Aaron