THETA looking like it wants to rekt early H&S shorters / pattern traders who don't know what they're doing. Just above support and trendline, already hit the 0.618 of the move from 4300s to 6700s, about to make a higher low. Conservative / safer entry would be to wait for a break and close above 5520s.
註釋
Trade entered though I didn't handle it particularly well. Should have entered half size before the S/R flip and also should have sold half at the FTA as THETA retraced to support.註釋
Idea could still be valid with a reclaim but given this rejection and the state of the USD pair I'm expecting further downside.
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