Long
Updated

Falling Wedge W Cup&Handles

140
Cup and handles, bull pennants, falling wedges, are forming at the bottom for RFOX, no guarantees it holds but bullish patterns are forming for RFOX. If RFOX pumps to the neckline which has targets almost to (if these cup and handles/bull pennant/falling wedges play out) then it could form an inverse h&s as projected in blue which could/would also form a cup and handle as an inverse H&S is a cup and handle with the head and right shoulder. Sometimes the right shoulder is also a bull pennant/flag.
Note
15min zoomed in cup and handles:
Cup and Handle Zoomed In 15min

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.