AMD - HOURLY BEAR FLAG - Big DROP INCOMING ???
Potential bear flag on hourly chart
- If the bulls do not make any attempt to move price closer to the 28.50 area, then the bears will have an upper hand to break down multiple supports @ 1,2,3 & 4.
- In case of a bearish scenario, a reasonable target should be within the rising window territory.
- If the bulls do not make any attempt to move price closer to the 28.50 area, then the bears will have an upper hand to break down multiple supports @ 1,2,3 & 4.
- In case of a bearish scenario, a reasonable target should be within the rising window territory.
Trade active
The bears are loading up for another breakdown which is more brutal and stronger in my opinion.
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