At the end of the month, AMD is about to finish another harmonic pattern! I don't mean to post AMD trades every month, but it looks like it could be a routine on my page lol.
The one in October didn't worked too well but it's still able to catch a 10-15% run, Of course, all of these patterns were based on the rally since May.
Butterfly pattern is usually used to create a bear trap to bet for a fake breakdown , put the out below 9.8 is a must! To be honest, I believe trade has the lowest winning percentage among the 4, but it also has the best price possible.
A good intraday reversal sign is still a must for the entry of this trade!
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Here comes the inside week! A worth trading one I believe!
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The inside week breakout as a reversal sign confirmation entry is a nice and clean trade yo!