
MDBO Risk 1.98 (3.4%). MDBO with an ABCD + huge volume all day. Inititial move spiked through the 1.78 BO level with no nearby support. It formed an ABCD pattern with the D being right above 2 so I entered at 2.05 risking off the whole $2 mark. It broke out in my direction and I closed with a 2.30 average. It's already going higher as I write this so in the future I may want to me more patient with a set up like this that this huge volume.
Broker:ThinkOrSwim
| Date | Price | |
|---|---|---|
| Entry | 10/6/2020 | 2.05 |
| Exit | 10/6/2020 | 2.3015 |
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