Cup and handle pattern could mean bullish continuation. Measured move up provided.
Approach 1: Buy the breakout if volume is convincing. Would not recommend to traders not actively monitoring.
Approach 2: Buy the retest of neckline (see green line path as an example).
Not financial advice. Education and entertainment, only.
Approach 1: Buy the breakout if volume is convincing. Would not recommend to traders not actively monitoring.
Approach 2: Buy the retest of neckline (see green line path as an example).
Not financial advice. Education and entertainment, only.
Comment:
rejection at neckline, but this is a setup to trade a breakout. if looking for longer term accumulation, 1850-2000 sats should do the trick