Hello friends
In the Amazon share, we see a 5-wave uptrend, all of which have been completed.
There is a static resistance in the range of $188, and considering the divergence between waves 3 and 5, we can expect the price to drop.
Therefore, with the start of a downward trend and the loss limit of 190 dollars, you can enter the sale transaction.
The profit limit can also be considered as 140 dollars.
I recommend you to install Trading View software on your phone to support me and see my analysis and support me with your comments and Boost.
Be successful and profitable.
In the Amazon share, we see a 5-wave uptrend, all of which have been completed.
There is a static resistance in the range of $188, and considering the divergence between waves 3 and 5, we can expect the price to drop.
Therefore, with the start of a downward trend and the loss limit of 190 dollars, you can enter the sale transaction.
The profit limit can also be considered as 140 dollars.
I recommend you to install Trading View software on your phone to support me and see my analysis and support me with your comments and Boost.
Be successful and profitable.