The price rising now could be considered a large cup formation with the handle still yet to be seen following a bearish move
Cup and Handle patterns are considered bullish on this timeframe.
Lower solid white trend line is a well respected trend line.
Weekly chart
Cup and Handle patterns are considered bullish on this timeframe.
Lower solid white trend line is a well respected trend line.
Weekly chart
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.