inverted cup & handle???

An inverted cup and handle pattern might be in play on the hourly chart; an indication that the beast should continue southwards.

Broken support at the lower trendline should complete the pattern and confirms the sell entry. Minimum profit taking target can be determined by measuring the height of the handle. Below is the hourly chart as of 11 am Malaysia.

UPDATE: The beast is now testing the lower support. Should the beast keep persisting, the price might dive to 136.xx soon. Below is the hourly chart as of 9.40 Malaysia.


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