AMD Triangle Convergence Breakout - 1:1 Target Analysis
📈 Technical Setup:
- Triangle convergence pattern successfully broken to the upside
- Clear breakout with strong momentum
- 1:1 risk-reward ratio maintained
🎯 Target Analysis:
- Using ray projection from previous high points
- Target zone identified based on technical structure
- Currently halfway to target level
✅ Progress Update:
- 50% of the move completed
- Maintaining bullish structure
- Next resistance level in focus
Risk management and position sizing remain crucial. This analysis is for educational purposes only.
#AMD #TechnicalAnalysis #TriangleBreakout #StockTrading
📈 Technical Setup:
- Triangle convergence pattern successfully broken to the upside
- Clear breakout with strong momentum
- 1:1 risk-reward ratio maintained
🎯 Target Analysis:
- Using ray projection from previous high points
- Target zone identified based on technical structure
- Currently halfway to target level
✅ Progress Update:
- 50% of the move completed
- Maintaining bullish structure
- Next resistance level in focus
Risk management and position sizing remain crucial. This analysis is for educational purposes only.
#AMD #TechnicalAnalysis #TriangleBreakout #StockTrading
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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.
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.