The cup has formed over a long period of time and price is coming into an area of resistance ($26 - 27). A pull back to 20 ish would be expected with a larger pull back to half the cup distance.
Not financial advice.
Not financial advice.
Note
Horray cup and handle
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.
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.