The first scenario (marked all in green) The price made a perfect cup, broke the neckline and is now in the moment of retracement to form the handle. It can be in any of those levels of FIBO to then do the pullback. Unfailingly and how I said in previous cases the price should break the neckline to start your bullrun towards the PT1 C & H.
Second scenario (yellow) If the price does not make a retracement, a correction, has the challenge of crossing the resistance of the bearish kumo.Also inevitably should form the next candle totally out of the kumo to confirm the trend and go to the target prices 1, 2 and 3 .
seems that it went below the handle. Do you think it will form a handle but in a more spread timeline? If yes do you usually Buy in after it breaks the neckline or do you bull from the retracement?