We found on the private mentoring a reversal trend. It is called in hungarian fulescsesze, cupandhandle. We saw also on macd f12 s26 we can see the upper trend. 1645 was the amazon price to took a strike position with 60 euro on a binary platform. You can see the last 3 minutes on this video.
Very good opportunity to buy 10 minutes period after Stoch 20. You can see. I used my mentorprogram with 3 indicators. Rsi had a signal upper 40 . Macd showed paralel blue and red lines. This is last 20 seconds when 3 dollars rebounded. But I won on these positions 5 times 40 euro and 60 euro lost.
several days ago when ETHUSD was hitting the long term Support/Resistance Level (S/R Level) $684, which strangely enough was the breakout target of an ascending triangle pattern I noticed last fall, in October. The recent bottom of ETHUSD around $383 is where the upper boundary trend line of that ascending triangle from last fall.. I had a pretty good hunch that...
Video analysis about Facebook, Netflix and Amazon.
Took an AMZN short late Friday. My analysis of the trade and thoughts on whether it was the right or wrong trade.