There is cup and handles within cup and handles as i see it..........
I see three cup and handles, the BIG picture one which is developing now , with wave 2 down the base and now the RHS of the cup developing nicely, with the aim to match the ATH which is 32c then the handle formation to follow
Then there is the minor cup and handle patterns, one shaded in blue and the other being red.
Bottom line, break the 38 fib and this chart really opens up, i am having a stab that the next leg up on the weekly will take us to the 78 fib in due course.
imo
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There is cup and handles within cup and handles as i see...
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Open | High | Low | Value | Volume |
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5 | 308238 | 0.105 |
12 | 692540 | 0.100 |
2 | 300000 | 0.099 |
5 | 205001 | 0.098 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 286817 | 6 |
0.120 | 825468 | 9 |
0.125 | 387452 | 7 |
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0.135 | 892086 | 7 |
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