By extending the handle in the cup+handle pattern, it evolved into a volatility contraction cup+handle formation. As you can see on the weekly chart, it got stuck at the correction band and LuxAlgo’s resistance band the overall view is bullish and strong
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By extending the handle in the cup+handle pattern, it evolved into a volatility contraction cup+handle formation. As you can see on the weekly chart, it got stuck at the correction band and LuxAlgo’s resistance band the overall view is bullish and strong