#WaveAnalysis
#Amazon is expected to rise further and retest the next resistance levels – 1800.00 (top of the previous impulse (1)) and 1850.00 (top of the previous wave (B)).
https://fxpro.news/market-snapshots/amazon-wave-analysis-01-november-2019-20191101/
#Amazon is expected to rise further and retest the next resistance levels – 1800.00 (top of the previous impulse (1)) and 1850.00 (top of the previous wave (B)).
https://fxpro.news/market-snapshots/amazon-wave-analysis-01-november-2019-20191101/
#WaveAnalysis
If the #Amazon breaks above the resistance level 1810.00 – Amazon can then rise toward the next key resistance level 1850.00
https://fxpro.news/market-snapshots/amazon-wave-analysis-27-november-2019-20191127/
If the #Amazon breaks above the resistance level 1810.00 – Amazon can then rise toward the next key resistance level 1850.00
https://fxpro.news/market-snapshots/amazon-wave-analysis-27-november-2019-20191127/
#WaveAnalysis
#Amazon reversed from key support level 2920.00
Likely to rise to 3225.00
https://fxpro.news/market-snapshots/amazon-wave-analysis-27-july-2020-20200727/
#Amazon reversed from key support level 2920.00
Likely to rise to 3225.00
https://fxpro.news/market-snapshots/amazon-wave-analysis-27-july-2020-20200727/
#WaveAnalysis
#Amazon reversed from round support level 3000.00
• Likely to rise to 3377.00
https://fxpro.news/market-snapshots/amazon-wave-analysis-13-november-2020-20201113/
#Amazon reversed from round support level 3000.00
• Likely to rise to 3377.00
https://fxpro.news/market-snapshots/amazon-wave-analysis-13-november-2020-20201113/
#WaveAnalysis
#Amazon reversed from key support level 3070.00
• Likely to rise to 3356.00
https://fxpro.news/market-snapshots/amazon-wave-analysis-13-january-2021-20210113/
#Amazon reversed from key support level 3070.00
• Likely to rise to 3356.00
https://fxpro.news/market-snapshots/amazon-wave-analysis-13-january-2021-20210113/
#WaveAnalysis
#Amazon broke resistance level 3155
• Likely to rise to resistance level 3325
https://fxpro.news/market-snapshots/amazon-wave-analysis-7-april-2021-20210407/
#Amazon broke resistance level 3155
• Likely to rise to resistance level 3325
https://fxpro.news/market-snapshots/amazon-wave-analysis-7-april-2021-20210407/
#WaveAnalysis
#Amazon rising inside impulse wave (3)
• Likely to test resistance level 3470.00
Amazon continues to rise in the medium-term impulse wave (3), which started earlier from the key support level 3315.00 which has been reversing the price form October), intersecting with the lower daily Bollinger Band.
The upward reversal from the support level 3315.00 created the daily Morning Star – highlighting the strength of this price level.
Given the strongly daily uptrend – Amazon can be expected to rise further toward the next resistance level 3470.00.
#Amazon rising inside impulse wave (3)
• Likely to test resistance level 3470.00
Amazon continues to rise in the medium-term impulse wave (3), which started earlier from the key support level 3315.00 which has been reversing the price form October), intersecting with the lower daily Bollinger Band.
The upward reversal from the support level 3315.00 created the daily Morning Star – highlighting the strength of this price level.
Given the strongly daily uptrend – Amazon can be expected to rise further toward the next resistance level 3470.00.
#WaveAnalysis
#Amazon reversed from support level 3132.30
• Likely to rise to resistance level 3330.00
Amazon recently reversed up from the key support level 3132.30 (previous monthly low from May), intersecting with the lower daily Bollinger Band and the support trendline of the daily down channel from the middle of November.
The upward reversal from the support level 3132.30 created the daily Hammer, which stopped the earlier medium-term ABC correction (2).
Given the strength of the support level 3132.30 – Amazon can be expected to rise further toward the next resistance level 3330.00 (former support from December).
#Amazon reversed from support level 3132.30
• Likely to rise to resistance level 3330.00
Amazon recently reversed up from the key support level 3132.30 (previous monthly low from May), intersecting with the lower daily Bollinger Band and the support trendline of the daily down channel from the middle of November.
The upward reversal from the support level 3132.30 created the daily Hammer, which stopped the earlier medium-term ABC correction (2).
Given the strength of the support level 3132.30 – Amazon can be expected to rise further toward the next resistance level 3330.00 (former support from December).
#WaveAnalysis
#Amazon reversed from key resistance level 103.20
• Likely to fall to support level 86.70
Amazon recently reversed down from the key resistance level 103.20 (former strong support from May and June), intersecting with the 20-day moving average and the 50% Fibonacci correction of the downward impulse from October.
The downward reversal from the resistance level 103.20 stopped the earlier short-term corrective wave 4.
Given the clear daily downtrend, Amazon can be expected to fall further toward the next support level 86.70.
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#Amazon reversed from key resistance level 103.20
• Likely to fall to support level 86.70
Amazon recently reversed down from the key resistance level 103.20 (former strong support from May and June), intersecting with the 20-day moving average and the 50% Fibonacci correction of the downward impulse from October.
The downward reversal from the resistance level 103.20 stopped the earlier short-term corrective wave 4.
Given the clear daily downtrend, Amazon can be expected to fall further toward the next support level 86.70.
📣Trade responsibly with fxpro.com
#WaveAnalysis
#Amazon reversed from support level 87.70
• Likely to rise to resistance level 95.00
Amazon earlier reversed up from the pivotal support level 87.70 (which has been reversing the price from the start of November), intersecting with the lower daily Bollinger Band.
The upward reversal from the support level 87.70 stopped the earlier short-term impulse wave 3, which belongs to wave (C) from August.
Amazon can be expected to rise further toward the next resistance level 95.00 (which stopped wave (ii) at the end of November).
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#Amazon reversed from support level 87.70
• Likely to rise to resistance level 95.00
Amazon earlier reversed up from the pivotal support level 87.70 (which has been reversing the price from the start of November), intersecting with the lower daily Bollinger Band.
The upward reversal from the support level 87.70 stopped the earlier short-term impulse wave 3, which belongs to wave (C) from August.
Amazon can be expected to rise further toward the next resistance level 95.00 (which stopped wave (ii) at the end of November).
📣Trade responsibly with fxpro.com
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#WaveAnalysis
#Amazon reversed from resistance level 100.00
• Likely to fall to support level 91.50
Amazon recently reversed down from the round resistance level 100.00, intersecting with the former support trendline of the daily up channel from the start of January (acting as resistance after it was broken).
The downward reversal from the resistance level 100.00 is aligned with the clear multi-month downtrend that can be seen on the daily Amazon charts.
Amazon can be expected to fall further toward the next support level 91.50 (which stopped wave (ii) from the middle of January).
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#Amazon reversed from resistance level 100.00
• Likely to fall to support level 91.50
Amazon recently reversed down from the round resistance level 100.00, intersecting with the former support trendline of the daily up channel from the start of January (acting as resistance after it was broken).
The downward reversal from the resistance level 100.00 is aligned with the clear multi-month downtrend that can be seen on the daily Amazon charts.
Amazon can be expected to fall further toward the next support level 91.50 (which stopped wave (ii) from the middle of January).
📣Trade responsibly with fxpro.com
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