AMZN exchange rate correction. The exchange rate may be an ABC waveform correction. The support of the first wave structure (0A) can be provided by a parallel shaft of a wave axis. Then we expect a shorter rise. Correction wave structure (AB) is equal to the D1 ATR axis. From this level, the second major decreasing wave structure (BC) could be formed, supported by the wave axis itself.
Kommentera:
the AMZN falls slowly.