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Price formed a Cup & Handle pattern and we also have Three White Soldiers, alltogether on a Daily chart. In case there is a breakout of horizontal resistance it will be a confirmation for the pattern and the breakout of Ichi Cloud, so we can initiate a long position
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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
thinking we are still in a correction with a C wave to come. If correction is completed then current activity may be a wave 2 of a new wave up with more explosive upside to come.