EUR/USD completed a Cup and Handle pattern and continuing it's bullish momentum. Target around 1.21
BNF in 5M/15M if it follows this chart pattern then its going to close in HIGH...!!!
Could be inverse head and shoulders, double bottom, or cup w. handle. Regardless $22.90 - $22.45 area acting as resistance; but large volume for the last few days. Looking for a break out in this area with heavy volume.
Here are the updates & outlook for multiple instruments in my watchlist. 1️⃣ EURUSD daily time frame 🇪🇺🇺🇸 The pair broke and closed below an important rising trend line, it makes me think that the market may go lower before the FOMC. 2️⃣ USDJPY daily time frame 🇺🇸🇯🇵 The market reached a key horizontal structure resistance. Taking into consideration the fact...
NYSE:NKE trying to get out of a cup with handle base. I continue to remain on the sidelines observing for now.
A break out of a cup and handle pattern should see it test 0.618 Fib level. Target 49
Cup and Handle Pattern is complete. April monthly candle had a full bullish close with a lower wick suggesting rejection of lower prices and bulls about to take control. Price Target 170
We can see a bullish break out from cup and handle pattern. Price should move up to 0.618 Fib level. Target HKEX:125
EUR/JPY has formed and broken out of a cup & handle pattern, which is a trend continuation pattern! Expecting price to continue the bullish trend!
Although there is a cup-handle formation in the graphic, the targets are determined according to Fibonacci.
Although there is a cup-handle formation in the graphic, the targets are determined according to Fibonacci.
Many skills are required for trading successfully in the financial markets. They include the abilities to evaluate a company's fundamentals and to determine the direction of a market trend. But neither of these technical skills is as important as the trader's mindset. The recognition of patterns and its body of knowledge of how to react and what to expect helps...
As long as we stay above Fibo 1.414, we can reach the target. Alternatively, we can consider opening a sell transaction at the target level.
If we can close above Fibo 1.414, we can reach the target. Alternatively, we can consider opening a sell trade at the target level.
#IPCALAB formed beautiful cup&handle and longterm ascending triangle... marked the levels on chart for learning
Hello everyone, I'll be very brief, the daily and weekly time frame of Klever is in the cup & handle pattern, which you can have a little study on, what is the mechanism of this pattern and how does it work. it has 3 very good support areas, which I put the price floor with boxes and blue lines, which are clear for investment, if you have capital management, you...
ADA is gearing up for an overdo power move to $0.60 Monitor the $0.42 price level to complete the cup and handle but also liquidate the short's stop losses above that area. Good Luck
Analysis: Recently took 2 Ls trying to catch a long on this macro setup on BTC. Price may come down to test the 0.618% at 18.7k. We've already got our positions on spot. For now, no rush to get into positions as we're heading to the weekend.