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Realamh
Oct 24, 2021 5:39 PM

TA 101: Ultimate Guide to The Cup and Handle Pattern Education

KUCOIN:ONEUSDT1D
Harmony / TetherKuCoin

Description

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Cup and Handle (for less volatile assets):
  • 30% bull run before reaching the first high.
  • 10-30% drop to the bottom of the cup.
  • 10-15% drop to the bottom of the handle.
  • Length of the cup should cover more than 50-100 bars.
  • Bottom of the cup should not be a V shape. (deal breaker!)
  • More than 50% deep cup is a sign of weakness for the pattern.
  • Handle cannot go lower than the bottom of the cup.
  • The bottom of the handle should be at least 15-30% higher than the cup.


Volume profile:
  • Volume should go up when price test the resistance the second time.
  • Volume should go higher the third time price hits the resistance line.
  • Volume should be lower while forming the cup.
  • Red volume should not be too high or increasing.
  • Volume profile is a deal breaker!

For more volatile assets could have exaggerated numbers.


Cup And Handle
Comments
JustTradeSignals
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This is really informative.. i do have some ideas on Cup & Handle Pattern. please read :-)
No_one_of_consequence
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Very informative- thank you for sharing!!
maryfauri15
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Useful!! Thank you bro!
juliapankowski
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This is so helpful. You are a great teacher. Thank you.
Marcopolo191
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How you feel about ETC? Symmetrical triangle ?
JohnTraden
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The volume would change based on exchange. Should all exchanges be TA'ed to identify if the volume went up or not
Realamh
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@JohnTraden, correct.
EvolvingHustlepreneur
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this is quite educating.
I hope u get to reply me.
1.is a cup that didn't form a handle and then hit it target considered a cup & handles ?
2. I just discovered that's a pattern called Rounding top/bottom, how is it diff from C&H pls ?
Realamh
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@EvolvingHustlepreneur, Please refer to my previous video on volume.
EvolvingHustlepreneur
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thanks for the reply , I'm not sure the video on vol. addressed my question
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