Gap Filled, Retest Done. Now What is Trading plan?

2 thg 7, 2023

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

5 thg 7, 2023

Ghi chú

Taking exactly mentioned resistance 1 in second session too after posted this idea

12 thg 7, 2023

Ghi chú

Yesterday reached near mentioned support now moving up will wait for a resistance 1 break for fresh entry

25 thg 7, 2023

Ghi chú

yesterday again touched support and bounced from there, seems strength