$Amazon (AMZN.US)$ bearish PT: 2,565 - 2,939.52 H&S On wee...

H&S On weekly with a C wave down expected. We can see that it lost purple channel, back tested and then rejected the re-entry. Blue channel is the main channel where we will most likely visit my green box and middle channel (light blue dotted line for a test there).

Major flip point to bullish: Above 3,558.60