Theta has setup for a possible risk conscious day trade long. A possible entry may be to buy on a rebreak above 14.65 with a potential stop loss around 14.30 and a profit target around 15.60 giving a R:R of 3:1
Trade active:
good trigger entry at 14.65
Comment:
trailing stop loss up to 14.50
Comment:
shoot the volume profile range just shifted and it looks like they are gonna try to cap it up here.
Trade closed: stop reached:
yeah they hit that stop after the range shifted for -0.15... unfortunate, but well worth the risk on that setup.
