AMD — Watch for Pivot Reversal or Trend Continuation

Market view

• Actual volatility is high, confirmed by the Volatility Bars indicator.
  
• The rate of change in the SMA is decreasing, suggesting momentum is weakening.
  
• The previous candle was a Doji, indicating short-term indecision.
  
• Price closed below the prior day’s low, adding bearish pressure.
  
• A potential Pivot Point reversal is forming.
  
• This reversal setup is confirmed by increasing Convolution Probability, supporting a higher chance of a directional move.
  

Trade plan

Long (trend continuation): buy on a break above the August 19, 2025 open.
Short (reversal): sell on a break below the pivot reversal at 158.25.
Stop-loss and position sizing: use volatility-based stops (e.g., ATR multiple) and risk no more than a small fixed percentage of capital per trade.