Theta is retreating! Oppurtunity! (update)
After failing at entering the old ascending channel and forming some kind of symmetrical triangle on the way down
SMA 50 fails to support
Theta bounces at 2,07 strong support almost as same range as 0,786 fibonacci retracement level
If it bounces back will hit multiple resistance on the way up
if this support fails then 1,92 will be next support (yesterday swing low) only if sma 100 fails to support
SMA 50 fails to support
Theta bounces at 2,07 strong support almost as same range as 0,786 fibonacci retracement level
If it bounces back will hit multiple resistance on the way up
if this support fails then 1,92 will be next support (yesterday swing low) only if sma 100 fails to support
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