After the price fell below the neckline of the H&S (277.0), the lowest came to 272.3.
If the price comes to the resistance zone (294.1~299.8) and continues to fall below 272.3, the inverted cup handle pattern will be established (the orange line in the figure).
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The target price after the establishment of the inverted cup handle pattern:
T1: 258.9
T2: 250.5
T3: 237.1
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If the price comes to the resistance zone (294.1~299.8) and continues to fall below 272.3, the inverted cup handle pattern will be established (the orange line in the figure).
-
The target price after the establishment of the inverted cup handle pattern:
T1: 258.9
T2: 250.5
T3: 237.1
-
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