Prominent Cup and Handle on 10 Day Chart. Upward movement expected if Price Action breaks above 106.
10 Day, 60 min. - Oct. 7 - Classic Cup & Handle with potential breakout above 106.
3 Month, Daily - Oct. 7 - Bullish Channel dominate the visual. Note the RSI and CCI and Double Bottom at Support. These have been successful signals for trade action.
2 Day, 15 min. - Oct. 7 - Today's sideways movement may have lacked excitement but the sideways movement completed the formation of a handle to the cup. This combination opens the opportunity to look for a break above 106 tomorrow. Should that happen the market may move up with gusto.
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