AMZN - h pattern

Trade based on 5 min. chart.

AMZN sold off after the open forming consecutive lows. Price retraced slightly forming a rounded base. Entered on the break of the base with a target of 50 EMA on 15min. where price has high chances of bouncing. I did not like the way the EMA's were stacked on the 15 min. chart. 5 EMA was near the price as resistance. Covered the entire position at target.