AMZN is approaching a key Fibonacci support zone, where I expect buyers to appear.
Entry: $AMZN
Stop-loss: $259.11
Targets Close Half: $271.91 Final target: $285.53
When the price reaches $271.91, move the stop-loss to breakeven and let the remaining position move toward the final target.
This trade setup offers an attractive risk-to-reward ratio if the support holds. As always, wait for confirmation before entering the trade
Entry: $AMZN
Stop-loss: $259.11
Targets Close Half: $271.91 Final target: $285.53
When the price reaches $271.91, move the stop-loss to breakeven and let the remaining position move toward the final target.
This trade setup offers an attractive risk-to-reward ratio if the support holds. As always, wait for confirmation before entering the trade