THETA is at key resistance level on the 4H chart. A breakout to the upside could lead to a new resistance level around $1.34. If price gets rejected at resistance, most likely will see a retracement back below the $1.19 level
Note
The price broke out the resistance level and has found new resistance at the $1.34 level
Note
Next resistance level is around $1.39 if we get a clear breakout of the $1.34 price level
Trade closed manually
I've closed my position. The price has been rejected several times around $1.34 level in the 4H chart
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