Advanced Micro Devices Inc

AMD Backtest and Go

Updated

If we truly are breaking out of this multi month consolidation I would expect a backtest of the S/R breaker candle here. Doesn't need to be exact but im thinking punch down into the green box and then push up. Falling back below the line and the move confirms as a headfake.

Note

Well that was fast. Now lets see if we have a head fake or a breakout.

Note

And there she is. Great trade. Closing the thread.

Trade closed: target reached

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