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THETAUSD D1: SHORT THE BOUNCE BEARS TP 2.50(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don’t overleverage.
Tagged as SHORT because I expect more short-term
and mid-term losses. SHORT IT!
🔸 Summary and potential trade setup
::: THETAUSD D1/candle chart review/outlook
::: tagged SHORT because it’s short-term
::: mid-term also BEAR MODE
::: sequence of 5 waves BEAR MODE
::: right now bouncing in wave 4
::: (not an setup)
::: spells more trouble mid-term
::: BEARS will target 2.50 USD
::: measured move CORRECTION
::: all BEAR waves = 63%
::: shorting rips / shorting after wave4
::: makes sense right now
::: we are setting up for another correction
::: final TP bears is near 2.50USD
::: recommended strategy: SHORT IT 5-6USD
::: TP BEARS is 40%+ correction
::: SWING trade setup / no fast gains here
::: SHORT/HOLD / do not expect miracle gains
::: SL is 5% max
::: good luck traders!
🔸 Supply/Demand Zones
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION
::: Sentiment outlook short-term: RANGE/MIXED
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