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Cup And Handle

CHFJPY: Another Bearish Confirmation 🇨🇭🇯🇵 2 out of 3 gaps that we traded yesterday were filled. The one that is still missing is on CHFJPY. This morning, I see another bearish confirmation that was formed on higher structure levels - a neckline breakout of an inverted cup & handle pattern. With a high probability, the price will drop to our projected target soon. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by VasilyTrader
2
Zydus Lifesciences – Weekly Breakout Watch, Targeting 1,200Chart Context (Weekly) Multi-year horizontal resistance around 1,020 tested repeatedly since 2022. Strong weekly candle now approaching this zone with above-average volume (7.15M vs 5.01M). RSI climbing ~60, momentum building without overbought conditions. Setup Base formation since late 2024 after a deep correction. Breakout above 1,040 on a weekly close confirms structural reversal. Measured move from base points to ~1,200 (~20% upside). Levels Breakout trigger: Weekly close > 1,040. Upside potential: 1,150–1,200. Risk management: Structure invalid below 960. Bias: Medium-term swing; breakout confirmation needed for follow-through. Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research or consult a financial advisor before making trading or investment decisions.
NSE:ZYDUSLIFELong
by eggubonda
ENIC: Can You Ignore This Massive Cup And Handle?ENIC (Enel Chile S.A.) is a Chilean utility company primarily engaged in the generation, transmission, and distribution of electricity. A key player in the Chilean energy sector, the company focuses on serving residential, commercial, industrial, and government customers. Technical Analysis ENIC's chart exhibits a classic " cup and handle " pattern, a bullish continuation formation that signals a potential for a significant upward move. Understanding the Cup and Handle Pattern The cup and handle pattern, developed by William J. O'Neil, is a technical chart pattern that looks like a teacup with a handle. It is considered a bullish signal and is formed after an uptrend, indicating a period of consolidation followed by a continuation of the upward movement. The "Cup": The cup is a rounded, "U" shaped formation that shows a price drop, a stabilization period at the bottom, and a rally back to the original price level. A rounded bottom is preferred over a sharp "V" shape, as it indicates a more stable consolidation. The "Handle": The handle is a smaller, downward-sloping or sideways consolidation that forms on the right side of the cup. It represents a period of profit-taking by early buyers before the next leg of the rally. ENIC's Current Setup The chart shows the formation of a well-defined cup and handle pattern. The neckline, which is the resistance level at the top of the cup, is identified between $3.44 and $3.50. Breakout Confirmation: Traders should monitor the price for a clean breakout above this neckline on strong volume. A breakout would confirm the pattern and signal a potential move to the upside. Measured Move Target: The measured move of the cup and handle pattern, which is calculated by taking the height of the cup and adding it to the breakout point, sets a first target price of $5.80. This would represent a 70% return from the current levels if the breakout is confirmed. Fibonacci Extensions: For potential longer-term targets, Fibonacci extensions provide additional price levels to monitor: Fibonacci Extension No. 1: $6.22 Fibonacci Extension No. 2: $7.20 Historical Performance Since July 2022, ENIC has shown strong momentum, generating a 250% return for long-term investors. This impressive performance, combined with the current bullish chart pattern, suggests the stock could be poised for another significant move. Sector: Utilities Country: Chile Suitable for long term investors Disclaimer: This is a technical analysis based on chart patterns and is not financial advice. All trading involves risk. It is crucial to conduct your own due diligence and consider your personal risk tolerance before making any investment decisions.
NYSE:ENICLong
by Elpidaldo
***REMINDER*** of the TOTAL 3 Targets.We are on the cusp of price discovery in many key assets that will contribute to the upcoming alt season. The Russell 2000 #RTY is close to all time highs.. #GOLD is charging ahead which often pulls up ~BTC #ETHEREUM hit a new all time already and retraced ... so the next break above will likely see price discovery and vacuum price action to fib extension around $7.5k #BTCd dominance has topped. This cup and handle for Total 3 has been a long time in the making which suggests a powerful move is likely to occur.
CRYPTOCAP:TOTAL3Long
by BallaJi
Ascending Triangle / Cup-&-Handle on Lightbridge (LTBR)Set-up: Price has carved a big cup-&-handle while compressing into an ascending triangle—higher lows riding the green trendline against a flat resistance box ~$17.7–18.0. A clean breakout often triggers a measured move equal to the pattern’s height (≈ $11.5 on this chart). Primary entry (preferred): • Trigger: Daily close above $18 (or intraday break + strong volume) and ideally a quick retest/hold of $17.7–18.0 as support. • Invalidation/Stop: Below the breakout level or last swing low after breakout (~$17.0–17.3). Aggressive alternative (pre-breakout): • Bounce from the rising trendline (~$15–15.5). • Stop: Below the trendline / recent higher low (~$14.5). Targets (scale out): • T1: $20 • T2: $24–25 • T3 (measured move): $29–30 (≈ resistance + $11.5) Why it works: Multiple rejections defined a clear supply zone; persistent higher lows show buyers absorbing that supply. A confirmed break shifts the box to support and opens room to the measured move.
NASDAQ:LTBRLong
by asaf_shabat
3
RCL clearing a Cup with HandleWe maybe are at the start of the next leg up in RCL ! Key points: 1. Fundamentals are good with a strong RS Rating of 94 right now. 2. We are at a new Market cycle since June 25. 3. We are at an early Base 1 just after a reset. 4. Pocket Pivot at the base low. 5. Last base draw a Cup with Handle patterm that was broke with highest volume TTM. 6. Fresh 52 Week high observed during the handle. 4 & 5 are the footprints of institutional accumulation. Even with the small correction after the breakout I entered late on this one but I still entered a small position in it. The ATR x 10 (red line) seems quite good at guarding the trend so I'm using it as a trailing Stop.
NYSE:RCLLong
by AL26
AFRM - NEW 52-WEEK HIGHAFRM - CURRENT PRICE :88.46 AFRM made a new 52-week high last Friday with burst in trading activity. The 52-week high resistance level near 82.00 - 83.00 is considered significant resistance level based on the share price history as it had been touched several times. One of the bullish signs for this stock is that the RSI is moving above 50 level steadily since 27 May 2025 - look at the red circle. Take note also that there is a rising support line - indicating demand is getting higher. There is possibility that the stock may trend higher in near term. ENTRY PRICE : 83.00 - 89.00 TARGET : 97.00 and 104.00 SUPPORT : 78.00 Notes : For chart pattern lovers, look at the heliview chart (bigger picture). There is a CUP & HANDLE pattern !
NASDAQ:AFRMLong
by IMRAN_96
ARQT – Cup & Handle Breakout Setup toward 23 and 34NASDAQ:ARQT is forming a large cup & handle base spanning over a year, with neckline resistance at 17.75 (blue line). A confirmed breakout above 17.80 would complete the bullish pattern, projecting upside targets first toward the prior major resistance at 23.00 and ultimately toward 34.00 based on the measured move of the formation (+90% from breakout). Trade plan Entry (confirmation): Daily close above 17.80–18.00. Targets: T1: 23.0 (prior resistance, measured objective of smaller base) T2: 34.0 (cup & handle measured move) Stops / invalidation: Tight: below 16.20 (handle low) Conservative: below 14.30 (cup support) Risk/Reward example: Entry 18.0, stop 16.2 (risk 1.8), T2 = 34 (reward 16) → ~9:1 R/R. What I’m watching Volume confirmation on breakout. Retest of 17.8 turning into support strengthens the case. Failure to reclaim 17.8 or breakdown below 16.2 would invalidate the handle.
NASDAQ:ARQTLong
by asaf_shabat
Bitcoin to 125,000After 9 months of downtrend/sideways price action, bitcoin has finally broke out of this trend. If we zoom out to weekly time frame, the 9 months of downtrend/sideways price action, serves as "handle" for "cup and handle" pattern which goes back to Nov 2021. Finally, after 3 years, this pattern is completed and bitcoin is set to get to it's next target which is ~125,000. On it's way up, bitcoin will probably face some resistance at 100K, since people have been waiting for bitcoin to hit this price target from all the way back in 2019-2020. Moreover, 100K is Fibonacci famous 1.6 extension level, so we might see some sell off at this price. However, we believe that FOMO can break this resistance level with ease and bring up the price to 125,000 USD. From this point, we probably see more sharp upward trend toward 155K and 200K but this is the danger zone where we might see sharp pullbacks to 100-125K range.
BITSTAMP:BTCUSDLong
by Mo_reza_kaz
3
$MU — Cup & Handle Breakout WatchNASDAQ:MU — Cup & Handle Breakout Watch Broke the downtrend of the handle within a larger cup & handle base All major MAs (21/50/200) are tight and stacked, creating a launchpad Resistance at 128.60 (handle high) → breakout trigger Volume lighter on pullback, constructive for setup RS Rating 86, strong earnings acceleration (+208% EPS last qtr, +37% sales), funds adding Trade Plan: – Entry on breakout through $128.60 w/ volume – Stop under handle low (~$118) – Target zone $133–135 initial, room higher if momentum carries Classic CAN SLIM setup aligning technical + fundamental strength. #Cupandhandle #TechnicalAnalysis #SwingTrading
NASDAQ:MULong
by KT_Charts
Cup and Handle Breakout Setup – Vistra Corp. (VST)Vistra Corp. (VST) is forming a classic Cup and Handle pattern on the daily chart. The cup formation has developed over several months, with a clear resistance zone around $200 now being tested again. A confirmed breakout above $200 could trigger the next leg up. Based on the measured move from the cup depth, the projected target sits around $310, offering a potential upside of +54% from the breakout point. Key Levels: • Breakout Entry: Above $200 • Target: $310 • Stop Loss: Below $185 (handle support) This pattern signals a continuation of bullish momentum, especially if the breakout occurs on high volume.
NYSE:VSTLong
by asaf_shabat
Generac Holdings (GNRC) – Cup & Handle with Bullish ContinuationGenerac (GNRC) has completed a large cup & handle pattern, breaking out strongly above the neckline near $170 and pushing toward the $200 area. After the breakout, price is now consolidating in a bullish flag/handle formation (highlighted in blue), suggesting continuation higher if support holds. The measured move projection of the cup & handle points toward a long-term bullish target above $300. 🔑 Trade Plan: Entry Trigger: Breakout above $196–200 resistance zone. Profit Targets: Target 1: $230 (+20%) Target 2: $260–270 (+40%) Target 3: $300+ (long-term projection). Stop-Loss: Below $170 (back under neckline support). 📊 GNRC shows strong accumulation and momentum, with multiple bullish structures aligning. As long as the $170 neckline holds, the trend favors upside continuation. Not financial advice. No responsibility for any actions taken.
NYSE:GNRC
by asaf_shabat
FirstEnergy Corp. (FE) – Cup & Handle at Key Breakout ZoneFirstEnergy (FE) is displaying a cup & handle formation on the daily chart, with resistance sitting at the $44.90–45.00 zone. Price is consolidating right below this neckline, preparing for a potential breakout. A breakout above this level could unlock significant upside momentum with measured move targets aligning higher. 🔑 Trade Plan: Entry Trigger: Daily close above $45.00 (cup & handle breakout). Profit Targets: Target 1: $46.50 (+3%) Target 2: $49.50 (+13%) Extended Target: $51.00+ (if momentum continues). Stop-Loss: Below $43.50 (to avoid false breakout risk). 📊 FE has been building a strong bullish base. If resistance breaks, the setup favors continuation toward new highs. But rejection at $45 could mean extended consolidation before another attempt. Not financial advice. No responsibility for any actions taken.
NYSE:FELong
by asaf_shabat
1
Piedmont Lithium (PLL) – Cup & Handle Retest in ProgressPiedmont Lithium (PLL) has broken out of a cup & handle pattern with the neckline around $8.90, and price is now retesting this breakout zone (highlighted in yellow). This level has acted as strong resistance multiple times in the past and is now being tested as new support. This retest will decide whether the breakout is sustainable or if it turns into a false breakout. 🔑 Trade Plan: Entry Trigger: Hold and bounce above $8.90 support. Profit Targets: Target 1: $10.50 (+17%) Target 2: $12.50 (+39%) Stop-Loss: Below $8.40 (failed retest). 📊 The setup remains bullish as long as $8.90 holds. A confirmed bounce would suggest continuation towards the measured move projection, while a breakdown below $8.40 could invalidate the cup & handle. Not financial advice. No responsibility for any actions taken.
PLong
by asaf_shabat