what just happened with the Russian Central Bank - pegged 1 gram of gold to 5000 rubles (about 50 bucks) at the same time, Putin made it so that Russian Gas and oil can only be purchased in Rubles. Meaning: Putin basically just pegged Russian Oil and Gas to Gold, using paper rubles as a proxy. Europe will need to either buy Rubles from Putin in Gold, in order to...
The price created a double bottom on the weekly structure on the 0.20$. As you can see from the upper chart, the price had a breakout from the dynamic daily resistance and now the market it's testing the 0.382 Fibonacci resistance after the green candles series. on the 4h timeframe the price created a cup and handle pattern and the market had the breakout from...
Hello everyone, There is a cup-handle in this chart. %30 Profit.
FX:GBPUSD is showing a beautiful cup and handle pattern, which is great for longs. Conservative entry would be at the breakout of the handle. Be careful on position sizing as MACD doesn't seem to be in the favor of bulls. Take Profit level to be slightly before major resistance levels at $161.373 as it was at this level that price formed a double top...
PLUG power, It is having a slow recovery from its drop of more than 70% from ATH back in 2021. 1) From its low, it has gained more than 20% and formed a nice Cup pattern on Daily 2) 30sh levels are showing signs of resistance and with recent run-ups, pull back is imminent along with the market 3) Anything above 30 good volume would be bullish case 4) Entry,...
Thought process on charts. Entered right at the pivot. Not an investment/trading advise.
Cup and Handle Position formed. The view is to keep accumulating till 145 levels. Target levels are given on the chart
GBPJPY has formed a cup and handle pattern on its daily chart. the price is trading above the breakout 156.484 targets 160.035/162.110
After forming the cup and handle , the movement is expected to be ascending and equal to the amount of dip to ceiling of the cup. So after forming a small handle, we expect an increase of 28.7%. The existence of a 1,260 key point confirms our conjecture. After reaching the 1.260 target, we expect a correction to short-term bullish channel floor.
Crypto Trade with RNDR/USDT on Binance in the Timeframe H1 (hour). The chart pattern spotted is the Cup & Handle with two Handles . Targets are shown as horizontal rays (one as a statistical calculated goal, the other ist the 100% target known from all the chart trading 101 books. Please let me know what you think about this. Thanks in advance and cheers
Acrysil made cup n handle pattern & broke out of it witth very good volumes. Could be bought with mentioned stoploss & targets
this pullback will probably be the last time to hit the 1$ key range. the first target will be 1.26$ and the two-month target is 1.60. ADA is fundamentally bullish. search about Vasil hardfork :)
1hr time frame shows a cup and handle pattern breakout, even the smaller cup/handle breakout is on the 15min, this is also setting up the bull flag breakout.. It also coincides w/ the larger cup and handle breakout pattern set up on Apples Daily chart
* Great earnings in the recent quarters * Strong up trend in recent history * Breaking out of a 6 month base * Sector: Energy - Oil & Gas E&P * Relative Strength vs. Sector: 1.07 * Relative Strength vs. SP500: 11.5 * U/D Ratio: 1.33 * Base Depth: 51.12% * Distance from breakout buy point: 1.49% * Volume 28.83% above its 15 day average Trade Idea: * You can...
We see a cup pattern in the Cardano chart. The next pullback will probably be the last time to hit the $1 key range. The first target will be $1.26 and will be achieved in about a week. The two-month target is 1.60.
It's forming a handle to its cup base and a breakout of this could prove to be massive. One to keep on your watch list for sure! As of March 7th, 2022: * Sector: Technology - Software - Infrastructure * Relative Strength vs. Sector: 2.0 * Relative Strength vs. SP500: 3.18 * U/D Ratio: 1.74 * Base Depth: 105.1% * Volume 156.7% above its 15 day avg. Trade...
CHFJPY has formed a C&H pattern on its daily chart. The price is trading below the BREAKOUT 125.518. STOP 124.232 TP1 127.689 61.8% CUP DETPH TP2 128.973 100% CUP DEPHT
The Cup and Handle pattern was developed and popularized by William J. 0’Neil in the 1980s through his CANSLIM methodology, Investors Business Daily newspaper and his book 'How to Make Money in Stocks.' Cup and Handle pattern resembles a Cup with a Handle. Cup and Handle patterns are continuation patterns, and they usually form in bullish trends. Most Cup...