AMZN Pullback Swing Trade
Updated
Based on pullbacks/bounces this year (all during the downtrend) it should make it to/into the box. Unless this time is different, which it could be, however, based on price action relative to RSI and MACD behavior the current setup matches 7 previous setups this year. So far this position relative to RSI / MACD has yielded 8-26% bounces within a timeframe of 7-23 days.
Comment
5 min wick up to the bottom of the box. Position is now closed for profit. GL to all.
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