AMD: Double Top + Descending Triangle Breakdown IncomingAdvanced Micro Devices, Inc.BATS:AMDspecthr07Advanced Micro Devices (AMD) is currently displaying a high-probability bearish setup combining two powerful technical patterns. First, the stock has formed a clear double top, signaling potential exhaustion after an extended move higher. Price is now trading near the neckline, which is a critical level to watch for confirmation of downside continuation. Zooming in, we can also identify a descending triangle forming right at this key area. This adds confluence to the bearish thesis: Two clean rejection points along the descending trendline Price currently retesting the upper boundary of the triangle Clear volatility contraction as price compresses toward the apex Declining volume, supporting the likelihood of an imminent breakout This type of price action reflects supply stepping in progressively lower, while demand holds temporarily at support — a structure that typically resolves to the downside. If the breakdown occurs with expansion in volume, it would confirm the pattern and trigger the measured move. Trade Idea: Bias: Bearish Trigger: Breakdown below triangle support / neckline Confirmation: Volume expansion on breakdown Target (Measured Move): 146 Key Insight: The combination of a higher timeframe reversal pattern (double top) with a lower timeframe continuation pattern (descending triangle) increases the probability of a downside move. Keep an eye on the breakout — this setup looks close to resolution.