2026-06-18 09:54 UTC
Scenario evidence 6 markers Open evidence Close evidence
Strong bearish candle breaking below prior support with high conviction.
Evidence Large body, small wicks, close near low.
Price reached a new low with high volume, indicating potential capitulation.
Evidence Long lower wick, high volume.
Failed attempt to reclaim prior support level, confirming breakdown.
Evidence Upper wick rejection, close below prior support.
Continuation of breakdown with strong bearish conviction and increased volume.
Evidence Large bearish body, close near low, volume above average.
High volume on a large range day suggests selling climax.
Evidence Volume significantly above average, long lower wick.
Increased volume confirms the strength of the breakdown.
Evidence Volume above 20-day average, large bearish candle.
Transaction ticket SHORT Open ticket Close ticket
- Entry
- 237.50
- Current
- 237.50
- SL
- 246.00
- TP
- 233.59
AMZN is breaking down from recent support levels with increased volume, indicating further downside potential.
OPEN SHORT
Initiating a short position due to strong bearish signals and breakdown below support levels.
Price
237.50
PnL
0.00%
Side
SHORT
Initiating a short position due to strong bearish signals and breakdown below support levels.
OPEN SHORT
Initiating a short position due to strong bearish signals and breakdown below support levels.
The market is showing strong bearish signals with a breakdown below key support levels, confirmed by high volume and bearish candle patterns. This suggests further downside potential.
Stop loss set above the failed retest level at 246.0 to protect against a reversal. Take profit set at the recent low of 233.59.
- Price is breaking down from a recent support level with increased volume, indicating further downside potential.
- Strong bearish candles with high volume indicate a breakdown.
- Volume expansion on recent candles confirms selling pressure.
- Breakdown below key support levels with high volume suggests continued downside pressure.
- Failed retest of prior support level at 246.0 confirms bearish sentiment.
Monitor for potential support at 233.59 or further breakdown below this level.




