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Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
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Hello Traders ✌
Nothing much to say here guys, an almost perfect Cup & Handle is taking place just above the 200 Days EMA and at the All-Time High (violet dotted line).
The only thing to be really aware here is the earnings release on next november the 3rd. There are only four sessions before it, too few according to my rules to consider this opportunity (I want minimum ten days before earnings to consider a trade).
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
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⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
═════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
Nothing much to say here guys, an almost perfect Cup & Handle is taking place just above the 200 Days EMA and at the All-Time High (violet dotted line).
The only thing to be really aware here is the earnings release on next november the 3rd. There are only four sessions before it, too few according to my rules to consider this opportunity (I want minimum ten days before earnings to consider a trade).
- Pattern Class: 🌕🌕🌕🌕🌕
- Target area: 76.00
- Breakout area above: 66.00
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
═════════════════════════════
⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
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