Cup and handle pattern observed, we can expect tgt price of 400
Unity is a big player in the metaverse space since the company specializes in real-time 3D content. The company is also deep in AI development which is a space I want as much exposure to as possible. The stock has had a hard time getting above the $43 level, but the recent surge in volume looks like the fuel it needed to power to new highs. If you zoom in on a...
Mouwasat has taken a correction Positive Divergence on hourly is observed. Aiming for C&H completion Targets Entry @CMP (242 - 243) SL (241.5) 0.6% TP1 (247.6) 1.7% TP2 (253) 4%
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to the AXS/USDT trade setup. AXS looks good here. Breaks out from the cup and handle pattern in 4hr time frame and currently retesting the neckline. After this successful retest, we can expect a good 30-35% move to the upside. Long some here and add more in the...
Get ready to ride the wave of potential profits as NASDAQ presents a compelling cup and handle pattern—a highly reliable setup that often leads to significant price gains. What makes this setup even more enticing is the neckline, which is positioned at the critical level of 15,000. Breaking above this level signals a significant shift in market sentiment, as it...
BULLISH INDIA NIFTY SPOT TARGETS UPDATED TARGETS BASED ON MONTHLY CHART - BULLISH FLAG WITH CUP AND HANDLE PATTERN. FOR EDUCATIONAL PURPOSE Tgt 1 : 20243± (SHORT TERM) Tgt 1 (A) : 21132± (SHORT TERM) Tgt 2 : 22465± (LONG TERM - Maximum by Dec 2024) Tgt 2 (A) : 25598± (LONG TERM - Maximum by 2026) Tgt 1 & Tgt 2(A) tracking From...
Left Chart: 1. I have displayed a head and shoulder formation that could take around 42k BTC. I already posted this scenario a couple months ago on my Twitter twitter.com Middle Chart 2. I drew an ABCDE move on the middle chart for longer-term and mid-term price forecasts. The short-midterm ABCDE move, which we have just confirmed/completed, suggests that we...
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🌟The USDJPY is in a Bullish phase by ⤵️⤵️ 🌟 Bullish signals are: - Bullish Cup & Handle - Bullish Pennant - Dynamic Support zone - Pivot R1 monthly - Ascending Triangle - moving EMA 20 50 ✅TARGETS: 142,148 ⭐ Note if the PRZ is broken downwards with the strength of Bearish candles from bottom Of the PRZ zone , this analysis of ours will be failed. ⏮️Previous...
Based on the chart, it appears that a cup and handle pattern is emerging on the weekly timeframe. Given the current overbought conditions in the market, I have a strong expectation of a significant correction in the second half of the year. I have a sense that we have reached a peak, as there is considerable resistance suggesting a sell signal. Based on my...
BTC saw two huge bearish and bullish moves over the last two days. This morning, BTC found resistance around the most recent local top around 27.5k and corrected downwards. Assuming that the most recent minor low of 26.4k is going to hold, a bullish cup & handle pattern will likely form on the chart. Keep in mind that this pattern has not yet been confirmed. It...
This is an updated idea of my previous post where I discovered a cup & handle pattern. However, on a relook I noticed that there is a double pattern formation. It can be seen in this post that a ascending triangle pattern is engulfing a cup & handle pattern, both signaling an upmove.
Despite the market performing sluggish and out of sync with other indexes viz Nifty, Bank Nifty & Fin Nifty, this classical Cup & Handle pattern formed which subtly broke out giving an upmove for the trend continuation. Patterns are your best bet when nothing else gives confirmation!
Price has recently taken a bottom after a long downtrend Formation of Cup is in progress Parallel Channel Breakout is observed, Retest is in progress Aggressive Entry now for short term profit SL is specified TP at R:R 1;1, 1:2 and 1:3
Classical Cup & Handle Formation Series of HH, HL SL and TPs are specified Ride the trend with trailing stop loss Manage Risk properly
Price has taken support from important zone Trednline, Horizontal Support confluence Price is in Uptrend (Formation of HH, HL) Completion of AB=CD targets New formation of AB=CD in process Cup & Handle formation is in process SL and TPs are specified Ride the trend with trailing SL
Cup and Handle Formation is in action. Trade with specified stop loss. Trail SL to ride the trend. Manage risk properly before taking trade.
TSLA as shown on the 60 minute chart has been in a cup and handle since the last earnings report. Trading volumes increased then and the print is a gradual downtrend reversed to a gradual uptrend then the handle formation and finally the breakout above the lip of the cup. TSLA and Ford this week announced collaboration on a charging network primarily with...