Riousdt is currently showing signs of a potential Cup and Handle structure, characterized by a breakout from the pattern. This breakout has established the neckline as a strong zone of significance for future price action.
Within the cup formation, there is a hidden setup of an inverse head and shoulder pattern. It's worth noting that the final target of this pattern has already been achieved.
We recommend considering buying back from a re-test of the neckline whenever it occurs. This can provide an opportunity to enter or add to positions. The final setup target is clearly marked on the chart for reference.
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