NEXIUM / BTC AND TWO BULLRUN POSSIBLE SCENARIOS
The first scenario (marked all in green)
The price made a perfect cup, broke the neckline and is now in the moment of retracement to form the handle.
It can be in any of those levels of FIBO to then do the pullback.
Unfailingly and how I said in previous cases the price should break the neckline to start your bullrun towards the PT1 C & H.
Second scenario (yellow)
If the price does not make a retracement, a correction, has the challenge of crossing the resistance of the bearish kumo.Also inevitably should form the next candle totally out of the kumo to confirm the trend and go to the target prices 1, 2 and 3 .
We will see how it is solved.
The price made a perfect cup, broke the neckline and is now in the moment of retracement to form the handle.
It can be in any of those levels of FIBO to then do the pullback.
Unfailingly and how I said in previous cases the price should break the neckline to start your bullrun towards the PT1 C & H.
Second scenario (yellow)
If the price does not make a retracement, a correction, has the challenge of crossing the resistance of the bearish kumo.Also inevitably should form the next candle totally out of the kumo to confirm the trend and go to the target prices 1, 2 and 3 .
We will see how it is solved.
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