AMD — Watch for Pivot Reversal or Trend ContinuationMarket view
Actual volatility is high, confirmed by the Volatility Bars indicator.
The rate of change in the SMA is decreasing, suggesting momentum is weakening.
The previous candle was a Doji, indicating short-term indecision.
Price closed below the prior day’s low, adding bearish pressure.
A potential Pivot Point reversal is forming.
This reversal setup is confirmed by increasing Convolution Probability, supporting a higher chance of a directional move.
Trade plan
Long (trend continuation): buy on a break above the August 19, 2025 open.
Short (reversal): sell on a break below the pivot reversal at 158.25.
Stop-loss and position sizing: use volatility-based stops (e.g., ATR multiple) and risk no more than a small fixed percentage of capital per trade.
