holeyprofit

AMZN's collection of harmonic patterns

Short
NASDAQ:AMZN   Amazon.com
Surely every harmonic trades in the world who's looked at the AMZN chart is short? Maybe not. Shorting is rather unpopular at the moment by and large - but if you do like harmonic patterns and speculate on them, AMZN has you spoiled for choice. Into the current high price we have three harmonic patterns (And some more can be derived from a larger timeframe).

If AMZN does make a high here, it'll go down in "Harmonics chart art" history.

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.