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vt_trader
Apr 10, 2023 5:09 PM

Google Cup & Handle Pattern  Long

Alphabet Inc.NASDAQ

Description

Google has formed Cup Handle Pattern on daily timeframe chart. This is bullish pattern, we can take swing trade here.

Entry:
We can go Long after close of bullish candle above the resistance zone as marked on chart.

Target:
Usually for Cup & Handle Pattern target is equal to the depth of cup, we are going to keep the target near the next resistance zone.

Stoploss:
We can keep the stoploss below the resistance zone.
Comments
stock-marketing
Good One
vt_trader
@stock-marketing, Thank you
THENEWCREATION
marking vs trade active is required so many patience. but very nice setup as per the pattern.
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