AMZN. TF H1. Buy limit order at 95.15
On the hourly chart, the trend began on March 13 (linear regression channel).
On March 22, the level of 102.07 was reached (the upper point of the TMA channel). But the lower point around 95.15 (lower point of the TMA channel) was not formed.
Therefore, I propose to set a limit order to buy at the level of 95.15.
A possible take profit level of 105.70. But do not forget about SL = 87.60
Good luck!
Regards, WeBelieveInTrading
On March 22, the level of 102.07 was reached (the upper point of the TMA channel). But the lower point around 95.15 (lower point of the TMA channel) was not formed.
Therefore, I propose to set a limit order to buy at the level of 95.15.
A possible take profit level of 105.70. But do not forget about SL = 87.60
Good luck!
Regards, WeBelieveInTrading
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