NZDJPY CONTINUATION PATTERN
The cup and handle pattern is a bullish chart formation that indicates a potential continuation. The crucial point in this pattern is the breakout from the handle formation. When the price breaks above the upper boundary of the handle, it confirms a bullish signal. This breakout suggests renewed buying interest and potential upward momentum.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.