AMD Price Structure formed major levels every 40$ Range.
95, 135, 175, 215
Currently testing 215 level which is also 2x of Rounding Bottom Pattern.
MCDX Red Bar (Banker) is above 90% and declining while price is advancing which is interpret as Bearish Divergence (Divergence is a sign of weaknesses.. Not a signal of broken prices action)
FiFT are still +ve (Strong Bull)
No sell signal seen so far. Not even a fast turtle sell signal triggers.
It is likely that AMD will move sideway around 215 level.. Not a good idea to buy at this level.
95, 135, 175, 215
Currently testing 215 level which is also 2x of Rounding Bottom Pattern.
MCDX Red Bar (Banker) is above 90% and declining while price is advancing which is interpret as Bearish Divergence (Divergence is a sign of weaknesses.. Not a signal of broken prices action)
FiFT are still +ve (Strong Bull)
No sell signal seen so far. Not even a fast turtle sell signal triggers.
It is likely that AMD will move sideway around 215 level.. Not a good idea to buy at this level.
Note
Closing with Shooting star candle. It is a sign of rejection at key level 215.
No Bearish divergence seen in Higher Timeframe..
NO Fast Turtle Sell signal yet.. As mentioned earlier, it is not a good idea to buy at 215 level.. It is a hold.
Contact me to learn Turtle Trading System, MCDX and other indicators (t.me/SgxFx)
tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Contact me to learn Turtle Trading System, MCDX and other indicators (t.me/SgxFx)
tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.