Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on WEEKLY: Left Chart
AMZN is sitting around a strong support in green 80.0. For the bulls to take over long-term, we need a break above the blue zone AND upper blue trendline.
Meanwhile, since we are around a support zone, we will be looking for buy setups on lower timeframes.
🏹on H4: Right Chart
For the bulls to take over, we need a break above the red channel and previous major high in red.
Meanwhile, until the buy is activated, AMZN can still trade lower inside the weekly support.
đź“š Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
on WEEKLY: Left Chart
AMZN is sitting around a strong support in green 80.0. For the bulls to take over long-term, we need a break above the blue zone AND upper blue trendline.
Meanwhile, since we are around a support zone, we will be looking for buy setups on lower timeframes.
🏹on H4: Right Chart
For the bulls to take over, we need a break above the red channel and previous major high in red.
Meanwhile, until the buy is activated, AMZN can still trade lower inside the weekly support.
đź“š Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trading Made Simple; and Rule-Based
www.RichTL.com
for 50% discount use coupon: BD2024
Instagram:
www.instagram.com/richthesignalyst
Telegram:
www.t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
www.RichTL.com
for 50% discount use coupon: BD2024
Instagram:
www.instagram.com/richthesignalyst
Telegram:
www.t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal