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FerroIgnique
Mar 10, 2021 12:50 AM

Textbook Cup and Handle Reversal Long

U.S. DOLLAR / EUROICE

Description

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