══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the...
══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the...
Dollar Index formed 2 bearish patterns: First, the price started to trade within a rising wedge pattern, Then, a cup and handle formation was formed within its boundaries. With a single 4H candle, the price violated both the neckline of the pattern and a support line of the wedge. I expect a bearish continuation to 105.45 now ❤️Please, support my work with...
The stock seems to have support here with a developing cup & handle patten which will target gap close at 61.40 Bullish MACD crossover Buyzone: 57-56 Stoploss: 55 A **Cup and Handle** pattern is a technical chart pattern that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. This pattern is...
Today witnessed a robust bullish surge in the Nasdaq with a cup and handle pattern (Very similar on the S&P500 too). Introduced in 1988 by analyst William O’Neill, the cup and handle pattern signifies a bullish continuation pattern activated by consolidation following a robust upward trend. While the pattern requires time to evolve, its recognition and...
Huge up and handle pattern playing out on the weekly chart. With a break over the .786 and now trying to push above the handle trend line. What does everyone else think?
Daily/4h time frames analysis for Dollar Index. Trading plan explained. Important key levels. Price action analysis. Trading recommendations. ❤️Please, support this video with like and comment!❤️
The red line indicates a good resistance spot confirmed by monthly price movements. The arc represents the reverse cup and handle that formed in the daily chart. After a wild downwards move BMW came to a good retest area of the this resistance. A good SHORT position is what i expect. On the other hand this area showed bounces in the past too so it wouldn't be...
With the impending 3rd version of the Beta end of month, Iluvium is looking to be fully live early next year. This cup and handle is multi month and massive, RSI picking up steam, HV is reaching a historical level, the road will likely be rocky but I foresee a large upswing in the coming weeks, I am entering into the handle with spot.
Here is AUD/JPY on the 30 Min Chart in what looks to be a VERY convincing Cup and Handle Pattern starting to form! I expect price will finish the "Cup" @ 97.007 -THEN- Give us our "Handle" (Higher Low) to continue HIGHER being that its a Strong Reversal Pattern! Fundamentally: AUD -> NAB Business Confidence (Mon), Wage Price Index (Tue), Employment Change and...
### Technical Analysis Overview: VanEck Vectors Semiconductor ETF ( NASDAQ:SMH ) – Cup & Handle Formation on Weekly Chart The VanEck Vectors Semiconductor ETF ( NASDAQ:SMH ), which tracks the performance of the semiconductor sector, is currently exhibiting a classic Cup & Handle pattern on its weekly chart. This pattern is a significant indicator in technical...
Greetings, traders! Welcome to another analysis session where we're diving into a promising opportunity. Today, our focus is on a noteworthy asset that has broken above a significant level. Let's delve into the details: - **Breakout:** 123.26 - **Stops:** ST at 119.69 - **Targets:** - 62%: - 147.8%: - 154.59 Observing the chart, we can discern that the...
Hello traders! Let's explore USDJPY, where a cup and handle pattern has formed on its daily chart. Currently, the price is trading below the breakout level at 151.928. If we observe a breakout above this level, potential targets for this pattern could be: Targets: - 62% at 167.294 - 79% at 171.402 Keep a close eye on the price action around these levels, as they...
SGDJPY has formed a Cup & Handle Pattern on its daily chart. The price has double bottom 103.682 forming a handle low and the price has broken above the Breakout: 106.292. ST: 104.903 Target1 62%: 112.282-79%: 113.948
GBPNZD has formed a C&H pattern on its daily chart. The price is trading the Breakout: 2.03180 St: 2.00757 Targets: 62%: 2.12282 79%: 2.14810 127%: 2.22022 162%: 2.27123
EURNZD has formed on its weekly chart a C&H pattern and the price is trading above the law handle 1.71243. Breakout: 1.80124 ST: 1.75266 Targets: 62%: 1.96211 79%: 2.00378
EURAUD has formed a cup&handle pattern on its daily chart and the price is trading above the Breakout: 1.59641. Target1: 62%: 1.70292 79%: 1.73094 Target2 127%: 1.81328 162%: 1.87218
### Technical Analysis Update: AMEX:GLD Cup and Handle Formation on Monthly Chart The SPDR Gold Trust ETF ( AMEX:GLD ), which tracks the price of gold, is exhibiting a notable pattern on its monthly chart known as a 'Cup and Handle' formation. This pattern is of keen interest to technical analysts and investors, as it often signals a bullish continuation...