Cup and Handle?

By jbennyco
Thinking this may be a cup and handle formation with a peak at 2.9 or so for the right side of the cup. Expected 30% retracement to the 1.5 range and up from there to the 3 range (May take two weeks to develop to confirm). Then continuation up (depending on volume)?
Chart PatternsTechnical IndicatorsTrend Analysis

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