SaharasCharts

$JX Canadian Venture Exchange - 'Cup & Handle'...

Long
TSX_DLY:JX   S&P/TSX Venture Composite Index
Bullish Chart Plot with the pot'l for a fake move overthrowing the Lwr-Band of the Handle to Tap-n-Go from the 4Hr Grey/MA.

Most prefer to wait for a Break/out of the 'Cup' itself yet, entering on a re-entry after a Break/Down esp to a key/ma can get one in early with a tighter stop (which would be below the low of the fake move on a daily close below CAD/5.36)

Here we have more than 3/1 Risk/Reward Ratio to the 1st Target...
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.