Amazon is making perfect parallel channel and we are looking if price breaks parallel channel, short position can be opened when daily close is below 1720 for a target of 1410.
Another confirmation is to wait for bearish candle on daily right below channel. SL 1850
If price continues going down below 1410 it will complete double top formation. Price breakout below 1350 breaks neckline, and short positon can be opened when daily close is below 1350 for Target’s of 1210, 1010, 751..
Another confirmation is to look for volume surge around breakout of neckline.
Do your own research and if this matching with mine then you are ready to go!
Please, take a second and support my effort by hitting the "LIKE" button, that the only fee from You!
Another confirmation is to wait for bearish candle on daily right below channel. SL 1850
If price continues going down below 1410 it will complete double top formation. Price breakout below 1350 breaks neckline, and short positon can be opened when daily close is below 1350 for Target’s of 1210, 1010, 751..
Another confirmation is to look for volume surge around breakout of neckline.
Do your own research and if this matching with mine then you are ready to go!
Please, take a second and support my effort by hitting the "LIKE" button, that the only fee from You!
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這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。