FerroIgnique

Textbook Cup and Handle Reversal

Long
FX_IDC:USDEUR   U.S. Dollar / Euro
170 views
4
Dollar Milkshake Theory appears to be in play. We have the textbook Cup and Handle ; it may need to confirm the top of the Cup, but I am optimistic that USD will run on the weekly to monthly time frames, which is why I'm denominating all my crypto margin trades in EUR. I'm expecting well above 1.00, maybe 1.20. Also check out the 9 Season Rainbow, I quite like it, the blue means that its basing. Give the indicator a read, its really fun

Comments

I thought that saucers were reversals and cup and handles were continuation...
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FerroIgnique This_Guhy
@This_Guhy, Its my understanding that cups and handles can be both reversal and continuation.
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