Gap Filled, Retest Done. Now What is Trading plan?
Hi mates, sharing daily time frame chart of Tech Giant AMD as we can see on this provide chart that breakout happened in it by a gap up looking that gap is filled with a successful breakout retest too so I am sharing mine simple trade plans for it below.
Plan 1- So as we know after seeing this chart that it very good and price is clearly looking in uptrend now so it's very possible that price will go up touch the resistance one and will get a rejection from there and will come to support it will bounce again and will start marching for upsides towards 132 levels looking a potential upside now after retesting.
Plan 2- Price will break resistance one directly and will get a rejection from resistance two and will come to touch resistance one in this case this resistance one will act as support and will bounce from there in this scenario I am looking the same upside levels mentioned in plan 1.
Best Regards- Amit Rajan
Plan 1- So as we know after seeing this chart that it very good and price is clearly looking in uptrend now so it's very possible that price will go up touch the resistance one and will get a rejection from there and will come to support it will bounce again and will start marching for upsides towards 132 levels looking a potential upside now after retesting.
Plan 2- Price will break resistance one directly and will get a rejection from resistance two and will come to touch resistance one in this case this resistance one will act as support and will bounce from there in this scenario I am looking the same upside levels mentioned in plan 1.
Best Regards- Amit Rajan
Nota
Taking exactly mentioned resistance 1 in second session too after posted this ideaNota
Yesterday reached near mentioned support now moving up will wait for a resistance 1 break for fresh entryNota
yesterday again touched support and bounced from there, seems strength 
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.