Inverse cup and handle incoming?
Updated
Looks like we're on our way to an inverse cup and handle . If it fully forms, we could be looking at a drop down to 4k.
Note
Pattern completed. Expecting a small bounce because the daily RSI is oversold. Aside from that, a vicious sell off could be upcoming. Watching the long/short ratio, as a potential squeeze could rocket us up like it did last month.Trade closed: target reached
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