THETA Possible Cup & Handle

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Theta looks like it might complete a Cup and Handle. If so it is near the bottom of the handle now. Could buy around 3300 with a stop around 3270 and be relatively safe.

Nota

The cup and handle pattern was broken, but THETA seems to be holding up fairly well in what looks like a symmetrical triangle. On the shorter TF there appears to be a reversal signal in a bullish Stochastic RSI / MACD divergence.

Nota

Triangle like this:

Nota

This forecast failed. It most certainly was not a cup and handle.

brettfb

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