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Cup with handle

FX:EURUSD   Euro / U.S. Dollar
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Cup with handle

As the name suggests, the pattern of the cup with handle consists of two parts: the cup (cup) and the handle (handle).

The cup is created after a period of rising and it might seem a correction from the bottom "round." Once the designer has completed the cup shape, on the right you create a trading range - the handle.

Generally, the cup with handle pattern is evident in the graphs to monthly or daily basis and the breakout of the handle indicates the continuation of the trend.
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