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Cyphertrades
Jan 12, 2021 2:26 AM

AMD Cypher to 91.54 Short

Advanced Micro Devices, Inc.NASDAQ

Description

Previous pattern Deep Crab completed back to a Double top (love overshoot grabbing some Stops) and now created a Cypher pattern to the 786 retracement.. Spotted before close went short with a $1 stop over todays high to protect against stop hunt.. AMD in take profit mode so Cypher lines up perfect down to target.

Less aggressive play is to wait for break of B point on Cypher for confirmation but looks solid.

Good luck!!!!

Comment

I will post idea after close.. if u took profits that was right call.. waiting for confirmation of next setup..
Comments
Vibranium_Capital
trend line never lies, good anaylsis
DeeWhit
Amazing!!!!
jose2rock
what to expect next in amd, will it bounce back and run ?
PerennialSynergyAnalytics
It reached the target today--well done! What's next?
Cyphertrades
I added to short this morning... this pattern loves to trap buyers then flush hard.. caught alot of morning retracement..
PerennialSynergyAnalytics
@Cyphertrades It reached the target today--well done! What's next?
thedvilwersprada
ill let you know homie, i been playin it long but you said it so puts r goin!
Dave-FX-Hunter
looks good to me
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