Amazon (AMZN) Wyckoff Distribution Schematic #2
The Wyckoff distribution structure for AMZN (Amazon) has entered Phase D which should include continued downward pressure into Q2 of 2022.
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Trade aktif
After testing support of SOW in late January, AMZN has completed the LPSY (Last Point of Supply) rally in phase D. Selling will intensify if price falls below 2700. Opening a short here, with a stop loss at 3250
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