$AMD - BULLISH SCENARIO
1. Market in a downtrend. ideally we don't want to trade against the trend.
2. If we are looking at a bullish scenario with AMD, we would need to see a reversal, a break of structure, like the hypothetical one outlined in the chart with our yellow arrow.
3. Having that said, in order for a bullish swing trade to have the odds on its side, it would need to arise out of triggers such a bullish engulfing or a marubozu candle around the value zone.
4. TP at resistance, since the profile tells us that that's the zone where the buyers should be.
5. SL below the value zone.
2. If we are looking at a bullish scenario with AMD, we would need to see a reversal, a break of structure, like the hypothetical one outlined in the chart with our yellow arrow.
3. Having that said, in order for a bullish swing trade to have the odds on its side, it would need to arise out of triggers such a bullish engulfing or a marubozu candle around the value zone.
4. TP at resistance, since the profile tells us that that's the zone where the buyers should be.
5. SL below the value zone.
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