As described before, AMD is in a Minor wave 4. Minute a has been an Impuls wave and b has been a normal ZigZag. From the beginning of this week (wave c), the market psychology changed
from high optimistic to pessimistic. (Falling steepness in every wave, the market wants to recover.) Everything you can see in the chart pattern of this week. Seems, the market wants to retest the lower magenta line. So be aware, this testing also could be a bear trap!
from high optimistic to pessimistic. (Falling steepness in every wave, the market wants to recover.) Everything you can see in the chart pattern of this week. Seems, the market wants to retest the lower magenta line. So be aware, this testing also could be a bear trap!
Comment:
Minute wave c starts at 2017-03-13
