"it look like a CUp and Handle Formation has formed"if you look...

"it look like a CUp and Handle Formation has formed"

if you look in your orange box you have a head and shoulders pattern, and the breakout, though short lived, was pretty clear.

i have never for one minute doubted that the RHM chart is pretty much a product of professional trading.

in light of this, the volume pattern on your C+H fits, even though the rounded bottom isn't quite there, so i reckon you're right, once the SP swings north it should, in theory, have a target up around 59c

but we still have resistance up around 55c, which is where the roof of cloud cuckoo land is at the moment, and i don't know if that will crack before settlement.