We see the formation of cup & handle is on forming the final lines..
At same time the formation of handle is a flag formation.
looks that the price will drop at 52500 - 51000 but this is the trap as traders will keep shorting...
at the moment i write this post there is liquidetion of short positions at 66700 778 million dollars.
final we need 1-3 days until price break the flag formation and 1-3 days more to break the PH at 73600$.
long swing target 122.000 $
entry 60800
stop 55800
take profit 121800
RR 1/12
100% spot profit.