3rd Cup and Handle
Updated
We have broken the downward trend and have formed the bottom of this cup. Look for handle to form around .80, then an upwards trajectory to about 1.15
I expect we will see some hesitation around a dollar, but I doubt that will cause too much of an issue, but maybe another handle like formation then up we go.
See previous analysis of theta linked below.
I expect we will see some hesitation around a dollar, but I doubt that will cause too much of an issue, but maybe another handle like formation then up we go.
See previous analysis of theta linked below.
Comment
We are in the handle formation of the cup and handle now. I expect the low to be around .65 dollars, then break new all time highs.
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