AMZN massive weekly bearish AB=CD rejection
AMZN has recently completed a massive Bearish AB=CD and has clearly shown bearish Price Action, forming a rejection candle right on the week of completion. This could be a signal for a large pullback for AMZN, however in this almost vertical market, it must be treated with caution
Note
Wow did not see this, but that exact high is 1083.31, the EXACT AB=CD completion level to the PENNY
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.