The chart above is self explanatory. You can see three very bearish patterns: a rising wedge a descending channel and possibly a giant inverted cup-and-handle formation While I don't believe bitcoin will break out of the downtrend channel, I allow for the possibility of a false breakout up to the upper edge of the rising wedge or slightly above. If this...
NASDAQ:GOOGL has been showing impressive relative strength on a weak tape. Still just watching here. #nasdaq being oversold and ready for a dead cat bounce doesn't mean risk is low. We dont want the lower price, we want the best price More on NASDAQ:GOOGL as it's a fascinating example of key concepts like relative strength, high volume up vs low volume down,...
USDZAR has printed Inverted Cup and Handle Chart Pattern on 1HR timeframe. Entry Price along with Stop Loss as well as Profit Targets are clearly marked on the chart. RSI is in sync with the price and no divergence is spotted.
stock took 4 year time complete cup pattern and only 6 month handle build at level of 95 cu and handle pattern breakout completed with high volume. stock treading PE below the industrial PE. completing cup and handle at level 95 with runaway gap developed this also indicting stock can go upside stock debt to equity is high 1.36 debt is high. no recommendation...
NZDCAD is testing a key daily structure support. The price already formed a doji candle on that, confirming a local weakness of sellers. To buy the pair with a confirmation, I would suggest waiting for a breakout of a neckline of a cup and handle pattern on 4H time frame. 4H candle close above 0.806 will confirm the violation. A bullish continuation will be...
floki has created a cup and handle similar to shiba but on a smaller scale we have 11% to the 200 day and the cup depth placed ontop of the rim round about correlates
The pair has been observed developing a Bearish Cup and Handle continuation pattern. There is no divergence of RSI with the price action as per the trend. The entry, stop loss, and profit levels are marked. Let's hope for the Profits!
NSE:JUBLINDS 601 1. Cup and Handle pattern Formation with TF of 10 Months 2. Strong Volume in the last few days with strong volume and price in the chart 3. Additional Confirmation of breakout will be above the 600 level and if stock able to sustains above this price can move towards the 680-760 levels 4. Support to watch near the 520-480...
The pair has been observed developing a Bullish Cup and Handle continuation pattern. There is no divergence of RSI with the price action as per the trend. The entry, stop loss, and profit levels are marked. Let's hope for the Profits!
Price breaking nicely to the upside creating new high levels. Bearish channel breakouts waiting on the CPI event to occur then we will see what happens.
CHFJPY is trading a long-term bullish trend. After the price set a new high in July, it started a correctional movement. A cup & handle pattern was formed. CPI report was a trigger for the buyers to violate the neckline of the pattern. Daily candle closed above that. It signifies that bullish trend will continue. The market will most likely keep growing. Next...
NASDAQ:ASO is an excellent small cap in the consumer discretionary sector. They're very well managed, having been profitable with steadily improving fundamentals since their 2020 IPO. 12 month consensus price target is $67-68. ASO has bounced back from the low in June, forming a cup and handle pattern. While I'm typically not a big fan of cup and handle...
LSE:XLM targets 21¢ with a Cup n' Handle Pattern The target is the distance from the bottom of the cup to the top of the cup. A 1.618 fib level from the bottom of the cup to the top matches the C&H target. 1X10^(-27) LM ☕🍵
Grand chance take advantage of the header and shoulder pattern breakout See the what is pattern giving chance to take advantage it No recommendation for buy or sell
As seen in the chart, Dlink has formed a flag and pole which was broken 2 days back. The flag is a beautiful cup and handle pattern which justifies strength. This is an exceptionally good chart for a positional trade to buy on dips till 300 with an SL of 260. A swing trade is risky at CMP with SL of below 290 DCB. Targets can be 370, 400 and above. Note:- Idea is...
My previous post has just played out almost perfectly: () As mentioned, I see merits to a cup-and-handle pattern here, which exhibited a recent breakout. This would suggest a target of $0.07178 to look out for. Good luck!!
icici bank is ready for big move of approx. 18 percent RSI is also supporting it after the successful breakout of the cup and handle pattern it is now retesting it and ready for the big move. buy - 970 SL - 950 Target - 1000 , 1120 Amazing Risk reward ratio - 1:10
NKLA on the 2H chart appears in a cup and handle pattern with the full pattern including the bullish continuation now printed. The pattern predicts $ 2.00 of upside . While the fundamentals of a change of CEO may be concerning, the the creativity of finding cash during a slow cash burn without diluting current shareholders. Perhaps he will have two classes...