AMD - Correction And Longs
Updated
Hello Traders, welcome to today's analysis of AMD.
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Explanation of my video analysis:
After the massive triangle breakout on AMD in 2016, we saw a rally of more than +7.000% towards the upside. After the recent bear market in December of 2021, where AMD perfectly retested previous structure, we saw another rally of +250%. I am now waiting for a retest of the triangle breakout level mentioned in the analysis and then I will look for even more long setups.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
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Explanation of my video analysis:
After the massive triangle breakout on AMD in 2016, we saw a rally of more than +7.000% towards the upside. After the recent bear market in December of 2021, where AMD perfectly retested previous structure, we saw another rally of +250%. I am now waiting for a retest of the triangle breakout level mentioned in the analysis and then I will look for even more long setups.
--------
I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Comment
Amd down -30% since uploading this analysis and perfectly playing out.Hopefully you are also capitalizing on these moves...
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Keep your long term vision.
Click here: basictrading.net
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Keep your long term vision.
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