Cupandhandlepattern
SILVER Accelerating to $95This is the full history of Silver.
With it's two GIANT Cup & Handle Patterns.
Big Patterns = Big Moves !!!
I find myself uncertain about the kind of world we would inhabit if Silver were to achieve the LOG projections in a chaotic disorderly manner.
We are undoubtedly stepping into a period of significant transformation across various sectors for global society in the coming decade or two.
Finance. Governance, Technology—let's seize the moment and take full advantage of the incredible opportunities available to us.
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.
SWING IDEA - NAVA Nava Ltd , a diversified natural resources and energy company, is showing a promising swing opportunity with a breakout backed by strong technical signals.
Reasons are listed below :
Cup and Handle breakout, a strong bullish continuation pattern
Confirmed bullish price action post breakout
Bullish engulfing candle on the daily timeframe
Volume spike, confirming breakout strength
Trading near its 52-week high, showing momentum
Sustaining above 50 & 200 EMA on the daily chart
Target - 750 // 810
Stop loss - daily close below 645
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
XAUUSD – Eyeing the 3,400 BreakoutHello everyone, Kevin here – let’s take a look at OANDA:XAUUSD !
Gold has just staged an impressive rebound, moving close to the 3,400 USD level after a period of accumulation. On the chart, a potential “cup” pattern is taking shape, with the key target being the trendline – a critical technical factor to watch.
Key supports at 3,330 USD and 3,290 USD remain intact, highlighting strong buying pressure on pullbacks. The preferred strategy is still to follow the bullish trend. In addition, the Fed’s recent remarks on interest rates continue to lend support.
If price breaks decisively above the trendline around 3,400 USD, momentum could expand further toward 3,420 – 3,450 USD, which is also my target this time.
And you – what’s your view on XAUUSD’s trend? Drop your thoughts below and let’s discuss!
Bullish Pattern: V-Shape + Shakeout with Strong RSI SignalOn the QQQ weekly chart, a recurring bullish pattern has emerged multiple times over the last years:
1) V-shape recoveries followed by Cup & Handle formations and then a shakeout, all of which preceded powerful upside moves (highlighted with arrows and circles).
2) Each time the weekly RSI touched the 30 zone , it triggered a strong bullish rally. This happened three times in the past (2018, 2020, 2022) and just occurred again in March/April 2025.
3) Both times the Cup & Handle pattern formed, the RSI found support around the 45 level.
This suggests that QQQ may be setting up for another bullish leg if history repeats itself.
📊 Key Takeaways:
Weekly RSI bouncing from oversold (30 zone)
Recurrent V-Shape + Cup & Handle + Shakeout bullish pattern
Strong rallies historically followed this setup
⚠️ Not financial advice — purely a technical pattern study.
Cup and handle pattern spotted: Optimistic view for GoldOANDA:XAUUSD is showing a clean Cup and Handle setup. The price dipped to around 3,310, rounded out, and climbed back to the 3,350–3,360 zone, that’s our cup. Now it's pulling back slightly into a tight handle.
If price breaks above it with strength, I’d be expecting a move toward 3,368$. Until then, it’s a waiting game, no breakout, no trade.
Classic bullish setup forming, as anticipation is building up.
BSE Capital Goods Index: A potential Candidate for a Breakout. BSE Capital Goods index this week has taken support near the Mother line on weekly chart. Currently the weekly close at 67151. Mother line support is at 66005. If the Index can manage to close above 67893 or 68227 there is a strong chance of revival which can take the index towards 70727, 71K or even 72K+ levels as indicated in the chart. For this to happen the index needs to hold current level not close below 66K levels (Mother line) and move Northwards. In case 66K is broken the index can fall towards 65 or 64K levels. Right now the support is taken so the index looks strong. The pattern that we are seeing on charts is similar to cup and handle formation in progress. The formation has not succeeded so far but if this formation comes in full effect, the index will become very strong.
When the index is strong and gives a breakout it means that the undercurrent in majority of the companies which constitute the index is strong. There will be some companies which will obviously drag the index down as there cannot be one-way traffic. To know amongst these which companies to invest in an investor should look at fundamentals of the company, recent and past results, cash flows, Sales and order books, EPS and many other factors. While a Technical investor should look at charts of the companies before investing.
The BSE Capital Goods index consists of 36 companies. The companies that constitute this index are HAL, Suzlon, Titagharh, BEL, Cochin Shipyard, Zentech, Mazdock, Fincables, BDL, Inox wind, CG Power, Kaynes, PTCIL, Polycab, Cummins, Power India, Apar, BHEL, ABB, Astral, Siemens, Kirloskar Engine, Triveni Turbine, KEI, Carborandum, Supreme Industries, Grindwell, Thermax, Praj, Elgi Equipments, Honeywell, Jyoti CNC, Timken, SKF India, AIA Engineering and LMW. The focus should be on companies which have major market which caters to local consumption or exports order to the US. Look for strong performers within this index who have given a good result this quarter and have strong EPS growth and good order books as well as trailing PE ratio less than 10 years Average PE ratio. This would result in you finding out the companies which are undervalued and have good growth potential. Capital Goods are essential for a country to grow. A strong GDP will mostly mean strong performance by some these companies.
A smart investor would be a person who looks at both fundamentals and technicals of the company and invests in a fundamentally strong company which is giving a technical breakout. For this one has to learn Techno-Funda analysis. I have written a book on the subject called The Happy Candles Way To Wealth Creation. In this book you will learn the basics of Techno-Funda investing. The book is available on Amazon and is one of the highest rated books in its category. With an approval rating of 4.8/5 as on date. Lot of investors call it as a Hand book for Techno Funda investing. Most of the chapters are standalone and can be read at your own accord. It will be really helpful to you. To know more about Mother line, Father line and my Mother, Father and Small child theory, Parallel Channel you should once again I recommend, read my book the Happy Candles Way to Wealth Creation.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
ETH/USDT – Mega Breakout on Higher Timeframe!Ethereum has confirmed a massive breakout on the 2W timeframe, breaking through a multi-year cup & handle and also ascending triangle formation. This is one of the strongest bullish continuation patterns and could fuel ETH into a new long-term rally. 🚀
📊 Chart Analysis
Pattern: Cup & Handle on the 2W chart.
Breakout Zone: Around $4,000–$4,300, now acting as support.
Measured Move Target: ~$14,500 (based on cup depth).
Stop Loss Zone: ~$3,200 (below major support).
✅ Bullish Factors
Multi-Year Accumulation: ETH has spent years consolidating below $4K, and this breakout confirms strength.
High R:R Setup: Risk is limited while the potential upside is ~3x from current levels.
Market Cycle Timing: BTC dominance topping out + potential altseason rotation favors ETH’s outperformance.
Strong Structure: Break above resistance aligns with long-term moving averages flipping bullish.
⚠️ Risk Factors
Macro events (FOMC, inflation data) could cause temporary retracements.
A weekly close back below $4K would invalidate the breakout.
BTC volatility may suppress ETH in the short term before altseason kicks in.
🎯 Targets
TP1: $6,500
TP2: $9,500
TP3: $14,500 (full measured move target)
📌 Conclusion
ETH is showing one of the strongest technical breakouts in years. If $4K+ holds as support, the path to new ATHs and beyond looks wide open. This setup could define the next phase of the bull market.
Bulls are in control — it’s ETH’s time to shine. 🌟
🔔 What’s your target for ETH in this cycle? $10K or higher? Let me know in the comments
Candle patterns that help you always WinHello everyone, if you are struggling to identify price zones, entry points, or simply want to predict the trend of any currency pair, then this article is for you.
I will divide it into several parts, and today we will cover some common patterns — so grab a pen and paper to take notes!
First pattern: ASCENDING TRIANGLE
The ascending triangle is considered a bullish continuation pattern. In order to locate it, we will observe more than one ascending peak. To draw this pattern, a horizontal line (the resistance line) must be placed above the resistance points, and an ascending line (the uptrend line) must be drawn along the support points.
Second pattern: FLAG
The flag pattern is used to identify the possible continuation of a previous trend from a point where the price has drifted against that same trend. If the trend resumes, the price rise could be rapid, making the timing of a trade advantageous when noting the flag pattern.
If you think you have seen a flag to trade, the most important thing is the fast and steep price trend. If the price slowly rises and falls below the flag, you'd better not trade at that time.
3. CUP AND HANDLE
The cup and handle pattern on the price chart resembles a cup with a handle, where the cup is u-shaped and the handle has a slight downward slope.
The cup forms after an upward move and looks like a bowl or rounded bottom. As the cup is completed, a narrow price range develops on the right side and the handle is formed. A subsequent breakout of the trading range that forms the handle indicates a continuation of the previous upward move.
4. DOUBLE BOTTOM
The trajectory of the asset price within the formation of the model resembles the letter "W". The last two price lows, located at approximately the same level, is an area of strong support, in which twice performs an upward price reversal.
When the market price breaks the resistance level of the pattern, the formation of the pattern is complete. The sell signal appears and a change in the trend direction is expected.
5. INVERSE HEAD AND SHOULDERS
This pattern is identified when the price action of a security meets the following characteristics: the price falls to a low and then rises; the price falls below the previous low and then rises again; finally, the price falls again, but not as much as the second low. Once the final low is reached, the price heads upward toward resistance near the top of the previous apexes.
6. ROUNDING BOTTOM
The rounding bottom pattern looks similar to the cup and handle pattern, but does not experience the temporary downward trend of the "handle" portion.
The initial downward slope of a rounding bottom indicates oversupply, which forces the stock price down.
The move to an uptrend occurs when buyers enter the market at a low price, which increases demand for the stock. Once the rounded bottom is completed, the stock breaks out and will continue in its new uptrend.
7. TRIPLE BOTTOM
The Triple Bottom pattern is similar in appearance to the Inverse Head and Shoulders pattern, in that it is represented by a series of three highs and lows.
The difference is that the three highs of the Triple Bottom will have approximately the same height, whereas in the Inverse Head and Shoulders pattern, the second low is lower than the first and third lows.
The appearance of the Triple Bottom indicates the existence of a downtrend, which is currently in the process of reversing into an uptrend.
And here are some classic bullish patterns. In the next parts, I will cover bearish patterns, how to read candlesticks, and technical indicators.
If you find this interesting and useful, please leave me a like and a comment to keep me motivated!
Now, are you ready to trade? Remember and practice these patterns — you’ll soon become a true professional.
Good luck!
Kevinn_Nguyen.
Ethusd breaking above invh&sEthusd chart has a similar set upas the total2 chart, a cup and handle that is breaking up from a smaller inverse head and shoulders that will complete the handle to the cup. Ethereum actually has two potential to trendlines for its cup and handle and I wouldn’t be surprised if both are valid. The breakout target for the inverse head and shoulder pattern will take price action above both of them. Once we solidify the top trendline for the cup and handle patterns as support the breakout target for it is $7161. Ethereum just recently had a golden cross on the daily which adds to the probability the inverse head and shoulder pattern breakout will be validated. *not financial advice*