đ AMZN Perp 4H: Weekend-Base Breakout LONG Setup
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đ Trend: Oct 29 flush wicked to 214.51, then price reclaimed 240 on Oct 30 and built a tight weekend base at 240.6-241.9. Now 242.20 (+0.4% 24H), pushing above the base with EMA20 (241.75) flipping to support. EMA50 245.0 and EMA200 251.3 still overhead.
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𧱠Support: 241.0-241.6 / 240.6
đ§ Resistance: 245.0 / 250.4 / 254.0
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đŻ Trade plan (LONG)
Entry zone: 241.0-241.6
Stop loss: 239.6
TP1: 245.0
TP2: 250.4
TP3: 254.0
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â ïž Risk: weekend volume was thin, so the US cash open can bring fast moves. A 4H close under 240.6 voids the setup. Size small and move SL to entry after TP1.
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Not financial advice. DYOR.
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$AMZN $BTC
#AMZN #TradFi #BinanceFutures #StockPerps
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đ Trend: Oct 29 flush wicked to 214.51, then price reclaimed 240 on Oct 30 and built a tight weekend base at 240.6-241.9. Now 242.20 (+0.4% 24H), pushing above the base with EMA20 (241.75) flipping to support. EMA50 245.0 and EMA200 251.3 still overhead.
â
𧱠Support: 241.0-241.6 / 240.6
đ§ Resistance: 245.0 / 250.4 / 254.0
â
đŻ Trade plan (LONG)
Entry zone: 241.0-241.6
Stop loss: 239.6
TP1: 245.0
TP2: 250.4
TP3: 254.0
â
â ïž Risk: weekend volume was thin, so the US cash open can bring fast moves. A 4H close under 240.6 voids the setup. Size small and move SL to entry after TP1.
â
Not financial advice. DYOR.
â
$AMZN $BTC
#AMZN #TradFi #BinanceFutures #StockPerps
