A large Cup structure has formed on FOCS, we are yet to see a handle formation however.
I have included a handle that we might see.
The other pattern on the chart is a large falling wedge. Also could be interpreted as a channel, but I prefer a falling wedge.
Pullback into the handle.
I have included a handle that we might see.
The other pattern on the chart is a large falling wedge. Also could be interpreted as a channel, but I prefer a falling wedge.
Pullback into the handle.