Here is how to properly trade the cup & handle reversal pattern.
Details are on the chart.
+1 if this helped!
Comment if there's something you want to learn
Happy Trading!
This is my trading plan. You can look through my published ideas to look at other examples.
I need 3 reasons to enter a trade.
1. A clear direction. I use 3 emas 50, 100, and 200 as shown in the chart.(Required)
2. A horizontal support/resistance area. (Required)
3. Price retrace to one of the emas to act as resistance. (preferably than fib)
4. Fib continuation...