Pattern valid at long entry level 391.61 or above..
Mid Cup (MC) is very close to HL (handle Low) If handle low reaches below mid cup, the pattern is not valid.
Weekly Candle is bullish. Monthly candle is a doji..
The monthly timeframe is stronger than the weekly and the weekly is stronger than the daily and so on down the line..The hourly is not as strong as the daily, but I often look for support on the hourly..keeping in mind that weekly or monthly support is much stronger..
Not a recommendation/Just an observation
Mid Cup (MC) is very close to HL (handle Low) If handle low reaches below mid cup, the pattern is not valid.
Weekly Candle is bullish. Monthly candle is a doji..
The monthly timeframe is stronger than the weekly and the weekly is stronger than the daily and so on down the line..The hourly is not as strong as the daily, but I often look for support on the hourly..keeping in mind that weekly or monthly support is much stronger..
Not a recommendation/Just an observation