With a cup patterned form but the handle is not looking like a typical pattern, I'm favouring the weak momentum to the downside.
Since this is a counter trend trade, always trade with watchful eyes and set proper stop loss. I'll also implement target profits.
It might still have another up day tomorrow, and price might touch the 20MA at 328 level.
Work out your risk-to-reward carefully and enter when there's a reversal pattern at 4H chart.
If you have any symbol that you'd like me to analzye, just leave me a comment!
If it doesn't, then we have to be cautious
I'll consider this target profit 2 hit!