It was a good trade - the sixth bar was not exactly a "hanging man", but it was a narrow-range (NRM), inside bar that closed weak and directly on the OR low. The next few bars broke below the OR low and pulled back to re-test it as resistance. AMD then proceeded to fall the last hour and provided a total return of just under 4%.
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Tags:
Trader-X, Stocks, Fibonacci, Trading, AMD
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