on Amazon we have a cluster of pivot lining up, Monthly and Weekly, marked by the red dashed line.( NOTE i removed the pivots to keep the chart clean) we also have a 50% and 38.2% fib cluster just below the pivot cluster, marked by the gold line, the fibs are weekly fibs.
showing the fibs marked. WWW.TRADINGVIEW.COM/X/GW3JL6PZ/ also adding to this is price is inside the support of the cloud.
Kommentera:
also around this area is the $500 mark that may also help the price action