New pattern and new plan in THETA 4h

In last post about THETA it went down after hit TP2 and retest the support .

There is a potential H&S pattern in the chart.
If it can break out the downtrend and we setup the new plan

SL:5.915

TP1:7.013

If it break out the neckline and H&S will be confirmation .
We can hold and wait for next targets below


TP2:7.653
TP3:7.912
TP4:8.190





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تعليق:

It could't break out the short term downtrend and went down again.

If it can breakout in the future and we modify the SL to be 5.700