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Cup & Handle
This chart shows my expectations for the next days.
Chart pattern: Cup&handle
Type: Bullish
Objective: 4200CNY
Bullish divergence between On Balance Volumen and Accumulation / Distribution indicators, clear signal of "little pause to continue pushing higher"
Denial: < 2650 at close of the candle and even we need to wait until the next candle close too to confirm the denial of the pattern. High volume if a denial of the pattern occurs.
Chart pattern: Cup&handle
Type: Bullish
Objective: 4200CNY
Bullish divergence between On Balance Volumen and Accumulation / Distribution indicators, clear signal of "little pause to continue pushing higher"
Denial: < 2650 at close of the candle and even we need to wait until the next candle close too to confirm the denial of the pattern. High volume if a denial of the pattern occurs.
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