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A cup with a handle and... a handle?

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Today on the chart an unusual formation. A inverted cup within a cup. The first one (blue) has already reached its target. While the second (yellow) is slowly finishing forming. Additional confirmation seems to be the rising wedge.


This is not financial advice.
Note
It looks like there will be a lot of action today:
snapshot
Note
The flag has evolved somewhat, but the direction is still downward:
snapshot
Note
The target of the flag is almost reached:
snapshot
Cup And HandleWedge

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