The Handle of the Golden Cup and handle is about to break to the upside. For reference, the cup and handle on a weekly candle chart:
On a daily chart we can see a pre-mature break of the downwards channel (the handle). The movement upwards is pushed by an adam and eve formation, with a target well above the overhead resistance of the channel. We need a weekly close above the channel, to confirm the move.
The target of the Cup and handle is just shy of 3k USD.
Lead the pack
www.patreon.com/RPHRZ
On a daily chart we can see a pre-mature break of the downwards channel (the handle). The movement upwards is pushed by an adam and eve formation, with a target well above the overhead resistance of the channel. We need a weekly close above the channel, to confirm the move.
The target of the Cup and handle is just shy of 3k USD.
Lead the pack
www.patreon.com/RPHRZ
