New pattern and new plan in THETA 4h

Oct 16, 2021

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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Oct 18, 2021

Note

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