Cup and handle pattern is on the watch on a daily chart of the EURCAD pair.
Wait for a breakout of the previous high (March 19) at 1.599 or go long from here placing a SL below the first red line, up to you.
This is setting up for a very nice break to the upside. This has a daily support of $157.8, we could dip one more time to $155 to complete the cup and handle pattern but this should see higher very soon to at least $165.
$GRST - News expected along with additional filings. Chart is showing strong accumulation over a 3-month period. Slingshot turning green for the first time, signaling a true trend change to the upside, paired with a golden-cross scenario, this is one of the most reliable indications that a major price correction to the upside is about to happen. Previous...
Wow, another C&H pattern setting up and it is near completion! Needs to close around $30.50ish to complete and it needs to complete in the next 5 days or so imo. Follow me for more setups. I'm not in this one yet but I'll be hopping in if it completes.
Basically expecting a breakout and a good rally upwards. Buy only above 1155
However, Nifty will be facing a strong resistance this week which is why there "may be" a pull back.
If Nifty retraces and begins a fresh correction then keep an approp stop loss based on your risk appetite.
Help Me to Help Us.
I believe in keeping the chart simple with minimal...
Bullish Cup & Handle Formation in progress. Kicking myself for selling it a little early. HODLing it from current price can fetch close to 4x in a few months, and possibly more.
Will be invalid if:
- Formation breaks
- Little to no volume during the breakout from the handle formation
Timeframes given in the chart are for reference and may not be accurate.
1. This is a good stock at affordable price. Investors can look for this stock, current movement is bearish.
here I have drawn cup and handle pattern, where target could have been 70 if neckline was broken at 45.
now with help of fibonacci I have drawn probable retracement levels
2. RSI is in Oversold trajectory.
3. 200EMA resistance
Entry level :31-35
In this video I look at chart pattern possibilities, including the text book break down from the recent Inverse H&S Pattern reaching its target to the tick! This target hit the ATH 50% Fib., to the tick practically!
Also, I highlight the potential Inverse Cup & Handle Pattern I'm seeing develop. As of this report $BTC has retraced 50% from swing...
Hello, at the morning today, I comments on the publication of yesterday of the par AUD/JPY to buy Bitcoin and Ethereum, Just now, we are in profit!!!
So, we continue following the support trend line, it's a key that Bitcoin is still it.
In H4 timeframe the trend is bullish, but we need to be cautelous the $11,100 USD key,...
Short Term Stock Option Buy ADANIPORTS SEP CE 390.00 @12-12.5 SL 7.20 TGT 23
1. Break out the first resistance 355 nest resistance is 395.
2. Above VWAP 373 if stays then we can see it gets closer to second resistance
3. CUP and HANDLE pattern is formed so its also supporting the upside.
4. TK cross over along with MACD cross over indicates the upside momentum.