Are we drawing the handle of the 3-year cup & handle by any chance?
probably if 780 fail. then need to wait another half year of consolidation
What do you mean with "if 780 fail"? If price goes below 780? If so, wouldn't that invalidate the cup & handle because it retraced too much? How deep can it go for the 3-year c&h to still be valid in your opinion?
And what if 780 holds? Could still be cup & handle, no?