I found this cup and handle pattern on the move index RSI by accident. I'm just curious to see if it plays out. I don't know if it makes any sense and probably someone will say it's a waste of time. Maybe, maybe not. If price is what you should follow and if the why and the wherefore don't matter and it's the ticket or the tape that is important as Livermore said...
NZDCHF reached a significant daily horizontal supply zone. Taking into consideration, that the pair is quite overbought, probabilities will be high that we will see a bearish reaction to the underlined blue area. Cup & handle pattern on an hourly time frame gives us a nice bearish confirmation. I expect a bearish movement to 0.5375 support now ❤️Please,...
GBPUSD is under a strong bearish pressure. The price successfully violated 1.23 key daily support and closed below that. Retesting the broken structure, the price formed a tiny cup & handle pattern. The breakout of its neckline is a sign of strength of the sellers. The pair may continue falling. Support - 1.225 ❤️Please, support my work with like, thank you!❤️
Hello friends! I've seen your interest on my previous BINANCE:TOMOUSDT analysis and wanted to keep you updated on the lower TF. As my account is young, I have only 7 points of reputation, I cannot add pictures to my comments. So I decided to just put this in a new post. As I've mentioned previously, we've hit the Entrance zone at $1 and went back up to...
Entry: 63.16 TP1: 63.79 TP2: 64.42 TP3: 65.05 stop loss: 62.53 it needs to fly here. Im also waiting for 88 this coin.
USDZAR has held the 18.80 support level for now but the long upper tails over the 19.00 level shows the rand bulls in control of price action for now. A daily close below 18.80 should bring about levels of 18.60 and 18.40. 200dma sits at 18.26 and the pair has a tendency to mean revert back to the 200dma before finding support in the recent past.
messy but has it all in there drew the C&H measured move twice as not sure of the bottom of the cup. first target 27240 also has a large volume node that price has to get through. 2nd target 27772 aligns with a gap in volume and would take liquidity out on the way up
MYX:HPPHB breakout cup and handle formation Stop loss below the handle TAYOR
#METROPOLIS Reasons : ⚡️ 1. Cup & Handle Formation 2. Horizontal Range Breakout 3. Trying to breakout post 10 months long base formation.
Based on the current price action, it appears to be a bullish trend. If the upper resistance is broken, we will go long. On the other hand, if it breaks the current higher low, it indicates a trend reversal, and we will short it.
In our previous post we have seen a rounding top pattern. Now a small rounding top is forming which creates a cup and handle pattern. Support zone remains the same. 4415 - 4435 will act as the support if price fall. This pattern will become invalid if it breaks upside and sustains above 4476 and fill the gap. What you think? Gap filling or falling? Give like...
Strength Gaining Stock! Sunteck Realty Ltd #SUNTECK 1. Rising with Volume 2. Cup and Handle 3. Rising above Volume Profile Keep on your Screener.
══════════════════════════════ 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...
We've had a lot of symmetry forming this long-term cup. Hopefully it becomes a cup and handle and we're all happy. Bulls enjoy euphoria of long-term ~to the moon~ mentality on the back end, and Michael Burry exits his short at the bottom of the handle ($340-360?). Once we double top at $400 and complete the cup, we can get back to our long-term trendlines of...
Liquid stock in enterprise software setting a nice cup with handle pattern. Very look risk entry right here. Focus list for me tomorrow.
Introduction I have been waiting for an OG coin alt season for over a year now. A lot of the top 10 or top 20 coins from 2015, 2017 and 2017 massively over performed compared to bitcoin and Ethereum and have had to go through an even longer cooling off period than those cryptos did. Monero has dropped to the 20s in coinmarketcap.com’s rankings and some of the...
Cup and Handle pattern formation. ** Trade At Your Own Risk TF : 15mins
We have a Cup with Handle visible on the 30-minute timeframe right now and if we break through the resistance, we could see WTICOUSD very quickly push up towards $90.