Amazon is finally catching up to its brethren.
It is currently testing a key level at 177.04/05
IF a correction is near, THIS could be the start.
$ 177.04 - 177.05 tight fib confluence is the key.
$ 170.83 - 171.71 is the first good support below.
$ 187.49 - 188.98 is next major resistance above.
I do think that the bull momentum will continue.
Break and Retest could be a late entry or an add.
Retrace could offer entries at the supports below.
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It is currently testing a key level at 177.04/05
IF a correction is near, THIS could be the start.
$ 177.04 - 177.05 tight fib confluence is the key.
$ 170.83 - 171.71 is the first good support below.
$ 187.49 - 188.98 is next major resistance above.
I do think that the bull momentum will continue.
Break and Retest could be a late entry or an add.
Retrace could offer entries at the supports below.
===========================================
.
Nota
Here we are again, $177This level is a tight confluence of two fibs,
one Genesis fib plus a Covid Stimulus fib,
the pair seems to have rather 'high gravity'.
Lets see if we bounce off this time,
or stay in orbit of these binary fibs.
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Nota
Bulls holding our double fib at 177 with tenacity Several wicks to it but holding for now.
.
Zoom in (m5)
Green arrows show the new supports forming.
The higher one at 179.57 will be key now.
From there we should reach new All Time Highs.
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.