Large H+S on THETA/BTC pair just as BTC.D is ripping.
ノート
It bounced perfectly on the 0.618. Maybe the H+S formation is invalid.
ノート
Its below the 0.618.
ノート
The 0.786 target.
ノート
This retrace still does not feel right, im still bearish.
ノート
In my head
ノート
This could be the last leg of this retrace.
ノート
As I expected 1 more move down. I reckon Theta has completed the retrace onto the 0.786 retrace. I would have expected the final 5th wave of a C Wave retrace to be deep but this one looks kind of short and stubby.
ノート
That bull div on the weekly looks like confirmation of momentum change.