tea anyone, page-24

Good point and yes your are correct they should not go too deep and ideally in the upper half of the cup.

This would be ideal:



However it isn't required to have a perfect formation. The current handle is still ok and will look almost perfect if it keeps rising from here as I expect it to.

What NMR does have perfect is the upper edges of the cup are the same level, that is the level to break that will confirm the bullish C&H pattern. If however NMR dropped down to say 4c I would concede the C&H is voided and go back to the drawing board.

What I am more interested in now are the MMA's and how they pan out. Notice I use EMA's not simple averages. EMA's show signals far earlier.