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AMD holds support and remains bullishAMD held support between the range of 12.41 and 12.93 . After hitting these prices we saw a strong rejection to the down side and the price bounced up . Many saw this sell off as a great buying opportunity due to the fact that AMD has been in a uptrend since early last year. According to my research it is still a good time to buy AMD as it has not yet triggered the "supertrender" buy. Always remember this is just my opinion and should not in anyway be treated as financial advice. No one knows what a stock is going to do next, all we can do is find a possible opportunity and risk what we see fit to see our idea through.
NASDAQ:AMDLong
by tradingwithkyle
Bat Pattern, Cad/Jpy, 30 minHere we see a bat pattern forming in the Cad/ Jpy charts, it is likely that the pattern will complete, because it seems too close to the linear regression line to try to recross without some lower moves. once the pattern completes the market will likely reverse upon completion and rally back across the regression line reaching the 1.618 extension of BC. (this may take as long as 9 hours) Our actions are as so: Limit: 100.089 Entry: 99.939 Stop:99.869 Please follow along to see how this trade goes, for updates and more trades , follow me here on TradingView and don't forget to like and comment your opinions. Thanks for checking this out ! as always Good Trading !
Long
by Kylan_Laymance
Cypher Pattern , Usd/Chf, 15minHere we see a cypher pattern on the Us Swiss charts. This pattern is indicating that the market will reverse upon completion, and is supported by completing above the linear regression line. When a Bearish pattern completes above the standard deviation line, it is likely that , If the market is bearish, the market will rally back under the line , and similar to a price action trade, come near the negative deviation line. I have forecast the market to touch the negative deviation line , which comes out to about 4 hours from now, but it is more likely to take longer and not actually reach the deviation line, but rather just cross the linear regression taking 2 days and 7 hours. With that said, i have placed my usual actions as the following: Entry: point B Limit : 1.618 extension of the BC leg Stop: point X Thanks for checking this out, look forward to you comments and likes, as always follow for my predictions! Thanks and Good Trading!
Short
by Kylan_Laymance