$THETA just made a huge 4H breakout.
I'm looking for the rejection, not the chase.
🔴 SHORT $THETA
Entry: 0.1960
SL: 0.2075
TP1: 0.1785
TP2: 0.1690
TP3: 0.1600
R:R to TP1: 1.52R
R:R to TP2: 2.35R
R:R to TP3: 3.13R
The key zone is 0.1980-0.2073.
If buyers reclaim that zone with a strong 4H close, this setup is invalidated.
I prefer fading an exhausted move over chasing a vertical candle.
Would you take this short?
I'm looking for the rejection, not the chase.
🔴 SHORT $THETA
Entry: 0.1960
SL: 0.2075
TP1: 0.1785
TP2: 0.1690
TP3: 0.1600
R:R to TP1: 1.52R
R:R to TP2: 2.35R
R:R to TP3: 3.13R
The key zone is 0.1980-0.2073.
If buyers reclaim that zone with a strong 4H close, this setup is invalidated.
I prefer fading an exhausted move over chasing a vertical candle.
Would you take this short?

