Support under handle low (HL) and mid cup which is 61.23.
Cup depth is 8.09. Targets are calculated using cup depth and fib levels. Deeper cups have higher targets of course (o: Long entry is above the opposite side of the cup's high.
Not a recommendation.
Picking a good long entry level can help your psyche. Seeing red everyday because you entered to high can be a downer )o:
Thank you, LauraLea, marvelous instruction and incredibly well drawn. I'm committing this to memory~!! Always appreciate your tireless efforts to encourage and enlighten your somewhat dull male trading aficionados~!
lauralea
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@Clarkbar2, I do kinda say the same things over and over..lol You are by no means dull. No one is (o:
VIN786
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I don't see this as a cup and handle, I do, however, see a "Hammer" on the March 16th candle, which is short term Bullish in my opinion.
lauralea
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@VIN786, opinions are kinda like, nevermind..lol..but we all have one (o: