Took two trades on RKT. The first trade I was shaken out of, which was an ORB. I exited when price broke below the open of the prior candle. Price then reversed and continued higher.
The second trade I took for a break above the resistance at 23.00 and exited slightly higher when momentum stalled. After my exit, another trade could have been taken at 11:10am when price pushed from the 9 EMA on the 5 min, creating an ABCD pattern. Exit could have been on the first 5 min new low at 11.35am.
Execution detail:
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!