Yep, for those who want to take profit from this particular figure, buy point is just above the cup.
couple quick Qs -
A) do these larger timeframe patterns typically play out with btc?
B) what would the handle target be?
Partly for fun, partly serious:
I present the Matroska Cup & Handle pattern:
$1000 bitcoin party around October... see you there
EDIT: which, by the way, has worked before very well:
$1000 bitcoin party around October... see you there
EDIT: which, by the way, has worked before very well:
can there be a cup & handle inside a cup & handle ?
EDIT: so, do cup and handles typically play out in these timeframes? It looks good when we look at the 2nd pic. The first one of course doesn't really show a cup & handle.