DislikedYou are risking a fake out dude.
Space isn't something you could bet on entirely.
I always cringe when I see people trying to trade initial breakouts blindly.
By blindly I mean via just pending orders with no indication of PA.
Now even a BUOB at a swing high like that won't be anything less than a very risky trade but going in blindly is playing into the tricks of the pros BIG TIME.
Consider this for a moment. If a we see a nice move up Monday morning followed by a quick rejection to form a decent bearish pin bar off the same swing...Ignored
agree.
Hero calls followed by margin calls...