Hey AMD fans here I am, a bat and 2618 combination.
Updated
It's already the 5th month, AMD has been a very significant example for harmonic patterns trading!
The latest butterfly pattern with a inside week breakout combination worked well, and after it finished a daily double bottom, here comes another trading opportunity.
This one looks so alike with the 1st trade at the end of August, too, both gave a double bottom as confirmation entry.
In terms of 2618 trade, we really need to see a clear pullback before trying to draw a 0.618 retracement,
and let's take the drop yesterday for example to express this idea, while if it's still able to make a new pivot high, this trade remains there (but needed to redraw) .
I'll also make this article updated if there is anything significant happening.
Let's see how it goes!
--
Thanks for all the followers and responses, it's amazing that there suddenly goes more than 500 followers!
I believe many of you know me by these AMD articles (as they are by far my most viewed posts)
I would really love to interact and discuss with you more, and welcome to check my Traditional Chinese/Simplified Chinese version of TradingView if you can read Chinese.
There are also a lot more different trading ideas posted there! (I am also the 1st and only one to "freestyle" as a tag on Chinise version of TradingView lolllllll)
tradingview.go2cloud.org/SH1RI (link to TradingView live chart)
Welcome to click it as a like button for this article~
The latest butterfly pattern with a inside week breakout combination worked well, and after it finished a daily double bottom, here comes another trading opportunity.
This one looks so alike with the 1st trade at the end of August, too, both gave a double bottom as confirmation entry.
In terms of 2618 trade, we really need to see a clear pullback before trying to draw a 0.618 retracement,
and let's take the drop yesterday for example to express this idea, while if it's still able to make a new pivot high, this trade remains there (but needed to redraw) .
I'll also make this article updated if there is anything significant happening.
Let's see how it goes!
--
Thanks for all the followers and responses, it's amazing that there suddenly goes more than 500 followers!
I believe many of you know me by these AMD articles (as they are by far my most viewed posts)
I would really love to interact and discuss with you more, and welcome to check my Traditional Chinese/Simplified Chinese version of TradingView if you can read Chinese.
There are also a lot more different trading ideas posted there! (I am also the 1st and only one to "freestyle" as a tag on Chinise version of TradingView lolllllll)
tradingview.go2cloud.org/SH1RI (link to TradingView live chart)
Welcome to click it as a like button for this article~
Note
it formed a inside week which could also be a good trade though!Note
looks scary but this 2618 finally fot the chance to entry lol.
Let's see how it goes!
Note
got the 1st kick for both 2618 trade or the hammer, trail the others!
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