EuroNext major potential Cup and Handle - Upside to come to 1549
Cup and Handle has been forming since August 2023.
Actually, what has formed is a V Pattern. Now there is a break down which could be a consolidation pattern forming.
During this time, we could see a Handle pattern - to complete the Cup and Handle.
If we see a breach above the brim level, we could see HUGE upside to come.
7>21>200
Price>200
Target 1,549
Either I am feeling too optimistic with January Effect, or we're in for great upside this year.
Let's see.
Actually, what has formed is a V Pattern. Now there is a break down which could be a consolidation pattern forming.
During this time, we could see a Handle pattern - to complete the Cup and Handle.
If we see a breach above the brim level, we could see HUGE upside to come.
7>21>200
Price>200
Target 1,549
Either I am feeling too optimistic with January Effect, or we're in for great upside this year.
Let's see.
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timonandmati.com
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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