FOCS - Cup and Handle Pullback
A large Cup structure has formed on FOCS, we are yet to see a handle formation however.
I have included a handle that we might see.
The other pattern on the chart is a large falling wedge. Also could be interpreted as a channel, but I prefer a falling wedge.
Pullback into the handle.
I have included a handle that we might see.
The other pattern on the chart is a large falling wedge. Also could be interpreted as a channel, but I prefer a falling wedge.
Pullback into the handle.
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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.