Cup & Handle Pattern in the making?

OANDA:CN50USD   China A50

Current S&P China A 50 Index shows a big cup on a hourly chart.

Will this lead to Cup & Handle Pattern formation for the bull to run again?

We use a few time projection tools to derive at timing date at H1, H2 and H3, for us to monitor whether the emerging market will full fill such proposition.

Are you curious how this assumption and projection are made?