Cup and Handle Formation - Possibly entering Wave 2 of 1
I expect the next candles to remain at the yellow levels (fib 0.382 to 0.618) and breaks to the blue lines.
Once it breaks the blue line level, it might be the start of Wave 3 (best wave of all waves).
Safe TP at brown lines and if you are an aggressive trader, green lines.
I expect the next candles to remain at the yellow levels (fib 0.382 to 0.618) and breaks to the blue lines.
Once it breaks the blue line level, it might be the start of Wave 3 (best wave of all waves).
Safe TP at brown lines and if you are an aggressive trader, green lines.