The spout looks like it's gonna get poured down soon. If you zoom in you can see it's an entry order in case of a break down. If any, I only expect a retracement up. I'm currently not in an open trade with this pair.
Disclaimer: Trade at your own risk. Confirm with your own methods. BTW You know there's no such thing as a kettle teapot pattern, right? Just cup and handle.
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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.