Looks like that cup and handle will trigger the Chuashov breakout. Target for cup and handle in the small box. Suported by kick ass bull divergences and oversold stoch. Just bought a small bag.
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Volume curve in yellow corresponding to the Cup is a perfect textbook example of how it should be in a Cup and Handle (Reference- Bulkowski Pattern)
Also, double bottom forming in the handle. KABOOM! Target remains the same.
Volume curve in yellow corresponding to the Cup is a perfect textbook example of how it should be in a Cup and Handle (Reference- Bulkowski Pattern)
Also, double bottom forming in the handle. KABOOM! Target remains the same.
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Break Out. Next candle should confirm. Perfect time o enter if you haven't yet. ;)
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Congratulations whoever is invested. But guess what, we have just broken out from the cup and handle completion. TAARGET IS STILL THE BOX. The real time charts can show you the immense spike in volume.
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Resistance incoming. The violet line for the Chuashov breakout. We should see some massive movement post 580 sats.
Trade closed: target reached