It is just above the trendline. There are assumptions;
1. Cup w handle
2. Going down to $9.2 will create unconfirmed 123 pattern.
for both pattern , $12.60 will be the confirmation resistance.
1. Cup w handle
2. Going down to $9.2 will create unconfirmed 123 pattern.
for both pattern , $12.60 will be the confirmation resistance.
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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.