Today's earnings can decide which trading pattern to play
Bullish AB=CD pattern or bearish Gartley? Which weekly harmonic pattern will be my next trade in $AMZN?
Today's earning can provide an answer:
A close below 280$ will lead to the completion of the weekly AB=CD pattern
A gap up tomorrow can lead to 380$ to complete the bearish Gartley.
Going up will be much harder for this stock as it will face multiple daily resistance levels, but its an option
What do you think will happen?
Today's earning can provide an answer:
A close below 280$ will lead to the completion of the weekly AB=CD pattern
A gap up tomorrow can lead to 380$ to complete the bearish Gartley.
Going up will be much harder for this stock as it will face multiple daily resistance levels, but its an option
What do you think will happen?