Please note that this is my attempt to learn trend based Fib Extension and need feedback.
Based on Fib extension the next target is 767 obviously after the current green candle is validated
The prices are distinctively out of the Tenkan and there is ample support
Everyone including their grandmothers are watching AMZN. I wanted to do something on a weekly. Now there is a region outside the pitchfork that the prices are out of. Is that the reason everyone is bullish? if it comes inside the pitchfork and if it has to, setting up for a major and epic Bull
I went in long with a stop loss of 4.96. Will average it later if it falls. This is a pure application of Fib Extension and Ichimoku. On a weekly it looks amazing. Daily is out of the cloud. Weekly is out of the cloud