Hi all,
Recent IPO Robinhood exchange stock has a nice XABCD pattern and a high probable setup. It had done a nice wick down to 1.13 BUY area which is the C area (important BUY zone).
We can notice the wicked candle is clear "hidden demand" due to closing above the previous red down bar.
Has a nice RR and I am looking to take profit 50% at the marked zone and let the rest run to see where it goes.
Thank you and happy trading!
Recent IPO Robinhood exchange stock has a nice XABCD pattern and a high probable setup. It had done a nice wick down to 1.13 BUY area which is the C area (important BUY zone).
We can notice the wicked candle is clear "hidden demand" due to closing above the previous red down bar.
Has a nice RR and I am looking to take profit 50% at the marked zone and let the rest run to see where it goes.
Thank you and happy trading!