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We discussed the lower timeframe weakness last week, and price took a hit shortly after that.
This is what I always say: each timeframe shows you a different picture, and you can get different signals from each one.
High timeframes can be bullish while lower timeframes are bearish, and vice versa.
It all depends on how you look at the market and what timeframe you want to trade.
For now, $AMZNB 2,000–$2,100 still stands as a key high timeframe support zone and $2400 remains the key resistance.
We discussed the lower timeframe weakness last week, and price took a hit shortly after that.
This is what I always say: each timeframe shows you a different picture, and you can get different signals from each one.
High timeframes can be bullish while lower timeframes are bearish, and vice versa.
It all depends on how you look at the market and what timeframe you want to trade.
For now, $AMZNB 2,000–$2,100 still stands as a key high timeframe support zone and $2400 remains the key resistance.
