GER40: AMD SetupOn the chart, an AMD setup has been identified with an entry from the middle of the manipulation. The target is a take-profit beyond the ATH, as there is no reason to move lower. A slight wick touch to the lower levels is possible.
Scenario:
The price is slowly descending but is expected to deliver to the ATH during the New York session.
The current POC is at the last low, confirming the system's integrity.
This zone is also an OTE zone, serving as an ideal re-entry point, once again proving its effectiveness.
Watch for confirmations on lower timeframes to find the perfect entry moment.