An illustration of Cup and Handle pattern
First look for an initial uptrend of the stock
Later a small pull back
And later reversal of the pull back ....
Breakout of the highest point of the pull back
At retest , look for reversal candles like doji.... Look for tight price action
Enter the trade just above the high of the candle with stop loss below...
If you are studying a price action, you should definitely know Cup and Handle formation.
Being applied properly, it can generate big profits.
In this educational article, I will teach you how to identify this pattern. We will discuss its psychology and I will share with you 2 trading strategies.
📏And let's start with the structure of the pattern.
The pattern...
hello dear traders,
Here are some educational chart patterns that you must know in 2022 and 2025.
I hope you find this information educational and informative.
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What are the Cup and Handle chart...
A cup and handle is a technical analysis pattern that appears on a chart as a U-shaped pattern, followed by a small downward drift, resembling a handle.
It is important to note that like all technical analysis patterns, the cup and handle pattern is not a guarantee of future price movements and should be used in conjunction with other analysis techniques.
📈Cup...
