Riousdt is currently showing signs of a potential Cup and Handle structure, characterized by a breakout from the pattern. This breakout has established the neckline as a strong zone of significance for future price action.
Within the cup formation, there is a hidden setup of an inverse head and shoulder pattern. It's worth noting that the final target of this pattern has already been achieved.
We recommend considering buying back from a re-test of the neckline whenever it occurs. This can provide an opportunity to enter or add to positions. The final setup target is clearly marked on the chart for reference.
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Within the cup formation, there is a hidden setup of an inverse head and shoulder pattern. It's worth noting that the final target of this pattern has already been achieved.
We recommend considering buying back from a re-test of the neckline whenever it occurs. This can provide an opportunity to enter or add to positions. The final setup target is clearly marked on the chart for reference.
Feel free to leave your comments and don't forget to show your support by liking the post.
Thank you
Trade active
Rio is going gradually and adhering to the projected pattern.Trade active
Still waiting on the final setup target as shown on the chart.Trade active
Bullish flag formation in progressTrade active
We should not forget the parent pattern spotted earlier back in December, so the cup and handle still in play guys. We should focus on the target for longer term investment.Note
Do not miss RIO, it worth holding some bagsNote
Riousdt was published in December 2023 and the last update was posted in August 2014, the last update still going well.
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📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
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.