Plan B

170
Good Morning. THETA has been ascending in a channel, and still is, since beginning of March. The original trade idea, following my “MacD Theory”, entered the trade Mar22 indicated by the red arrows with a target indicated by yellow line. What a great plan but I was at work when the 4hr reversed so I totally missed it, indicated by the red circle. Hey no worries, THETA isn’t dropping out of the sky, so alls cool.

Plan B looks like THETA is in a bullish flag and the 4hr MacD has descended to well, the level it was at the beginning of plan A so again, following my “MacD Theory” I anticipate movement indicated by yellow arrows.

My thoughts, not advice Oklah. Cheers

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