Kenkaka

Kenkaka

With the Cup and Handle pattern having failed, the price went down to a lower level and out of the channel. Now it has recovered and re-entered into the channel. What next? I expect it to puncture through the top of its channel and begin its ascend up. If anyone of you have other analysis, please share with me here.

Kenkaka Updated 

This looks exactly like a Cup and Handle pattern, right? But it failed to materialize, as there is no breakout. If you have other analysis of this pattern and think it is not a Cup and Handle, please do share here with me. Much thanks!