After the recent correction, the previous assumptions about the cup and handle pattern have evolved. Initially considered speculative due to the absence of a defined handle, the current retracement and duration of daily candles indicate the formation of a legitimate handle. While there are still speculative elements in the chart, a rough estimate for the handle's length has been illustrated with red trendlines, allowing for potential price movements within defined parameters. The handle's depth has been approximated around the daily 50MA (in orange), serving as a midpoint for potential price fluctuations. The placement of the dotted green measured move line...
