Pareidolia! (Cups and Handles!)(Arguments for earlier posting)
I've always wanted to see a Cup and Handle pattern. However:
1) The smaller one doesn't match the requirements (it's forming off a local high)
2) The larger one will most likely be capped by the forming triangle Upper Blue Dotted line.
There's a fun pareidolia Elliot/Fib/Gartley.
Still LONG, BUT for better reasons posted earlier.
(Oh, looks like a bearish engulfing on the 15M Chart. People are taking their profits)
1) The smaller one doesn't match the requirements (it's forming off a local high)
2) The larger one will most likely be capped by the forming triangle Upper Blue Dotted line.
There's a fun pareidolia Elliot/Fib/Gartley.
Still LONG, BUT for better reasons posted earlier.
(Oh, looks like a bearish engulfing on the 15M Chart. People are taking their profits)
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