Cup handle formation Let's look for closures in the place I indicated with X for the formation to be valid. Pay attention to the wedge indicator resistance in the weekly time frame. Targets are determined according to Fibonacci.
Trade active
The first closing in the week has come, those who love risk can open trades, those who do not like risk should look for the second closing in the week.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.