The bounce into 555 is looking shaky. $AMD keeps printing lower highs and lower lows on the 15m, while that latest sell candle came with a noticeable volume kick.
Entry: 554.93 - 555.22
TP1: 554.03
TP2: 553.63
SL: 555.34
The 15m momentum is clearly leaning bearish, but the higher timeframes are still carrying a bullish backbone. That clash makes this one all about what happens around the short-term rejection area.
Entry: 554.93 - 555.22
TP1: 554.03
TP2: 553.63
SL: 555.34
The 15m momentum is clearly leaning bearish, but the higher timeframes are still carrying a bullish backbone. That clash makes this one all about what happens around the short-term rejection area.
