Theta
THETA High Probability Continuation Trade 👇Whats Up Retail Whales 🐋
Before we start to discuss, id be so glad if you share your opinion on this post's comment section and hit the like button if you gained value!
Looking to swing trade #THETA down into our 4Hr Whale Block here. Happy to be following LTF trend with a pullback into Discount Pricing.
Method of Entry will follow our Retail Whale Trading Plan
-Whale Block Mitigation
-LTF BOS
-Strong RSI Divergence
-Entry on a HA Shaved Candle
Its always the same, following the plan
1:4 R:R
Remember we are trading human emotions and probabilities
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❗️Attention: this isn't financial advice we are just trying to help people with their vision.
HooRaa
THETA - Bulls Took Over! Target => 🎯Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Weekly: Left Chart
THETA rejected a strong demand zone and round number 1.0 so we will be looking for buy setups on lower timeframes.
Daily: Right Chart
on DAILY: THETA formed a valid inverse head and shoulders and the bulls took over after a momentum candle close above the gray neckline.
🎯 Targets => Our first resistance / target would be around 2.5 so I will be monitoring price action there.
If we break it upward (purple projection) then a movement till 4.0 would be expected.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
8% after brikinghi I get my 7.5% profit I hope you too, since the last Crypto's drope down I note that the THETA and TRX has a nice up trend..