Hello Traders, welcome to today's analysis of AMD.
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Explanation of my video analysis:
After the massive breakout in 2016 we saw a rally of more than 4.500% on AMD. This rally was perfectly followed by a correction of 70% in 2022. As mentioned in my analysis, I am now waiting for a retracement back to the previous structure and if we have enough bullish confirmation, I will then look for potential trading opportunities.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
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