$AMZN Bounce Setup After Bollinger Reversal

SmartReversals
01-17

1. $Amazon.com(AMZN)$

Shooting stars at the upper Bollinger Band provide reversal signs.

Price reversed following Monday’s signal, pulling back and bouncing off the confluence of the 20DMA and the volume shelf.

The price action in the last two candles opens a path for a potential bounce.

$Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ $S&P 500(.SPX)$

2.ETH

One of my top high-probability setups for this week, rallying +9.2%✅.

As anticipated in last night's update, consolidation is in play at the 100DMA. Bullish continuation is likely even if there is a healthy pullback.

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