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AMZN short: Midterm trade

Short
Amazon.com (NASDAQ:AMZN)  
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NASDAQ:AMZN   Amazon.com
Trend Analysis Harmonic Patterns Wave Analysis
3
0
trendanalysis harmonicpatterns waveanalysis
AMZN is inside of a fall from a weekly chart bearish butterfly and has now made a smaller version of this same type of pattern inside of a 76% retracement. This could be an early sign of bearish trend continuation in AMZN.

Short
RR = 1:3

Entry 3436
Stop 3514
Target 3164

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