Timonrosso

EuroNext major potential Cup and Handle - Upside to come to 1549

Long
EURONEXT_DLY:N100   Euronext 100 Index
Cup and Handle has been forming since August 2023.

Actually, what has formed is a V Pattern. Now there is a break down which could be a consolidation pattern forming.

During this time, we could see a Handle pattern - to complete the Cup and Handle.

If we see a breach above the brim level, we could see HUGE upside to come.

7>21>200
Price>200

Target 1,549

Either I am feeling too optimistic with January Effect, or we're in for great upside this year.

Let's see.

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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