Short
Inverse Cup & Handle ?
I don't even know if this tecnical figure exists ....
It seems to me the DOW is forming an inverse cup & handle !
The handle is formed by a bearish rising wedge.
If this pattern completes, the outcome could be rather bearish.
It seems to me the DOW is forming an inverse cup & handle !
The handle is formed by a bearish rising wedge.
If this pattern completes, the outcome could be rather bearish.
Order cancelled
Nice idea but pattern failed.I was wrong !
... for now.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.