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“If you see a large sell-off from Resistance, it invalidates the...

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    “If you see a large sell-off from Resistance, it invalidates the pattern, and it tells you the market is not ready to head higher.But, if you noticed that the price is holding up nicely at Resistance, then it’s a sign of strength as it tells you buyers are willing to buy at these higher prices.Finally, when the price breaks out of Resistance, the cup and handle pattern is “confirmed”, and the market could move higher.”


 
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