EWT wise Amazon is building a tradeable short setup in 1-2 / 1-2 fashion. I expect a retracement to 3200 area to complete wave 2 of circle 3 of wave A. It may take up to 2 weeks to complete wave 2. Demand zone for the whole wave A resides in the area of wave 4 of the larger degree (blue area on the left side).
注释
So far it's going as planned though wave 3 dropped slightly deeper than I expected. Alt count here is ABC where wave C looks complete. I'd suggest closing short position and watch for the next short setup.注释
Wave "a" complete by Nov-Dec'22 as projected in April. Now building a base for wave "b" by Apr-May'23.
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