Let me know if I'm wrong,
I don't usually trade patterns, but I saw the Nasdaq closed nicely so this weekend should be good in Crypto... and then I saw this classical and popular pattern:
The Cup and Handle pattern was discovered by O'Neill and "the handle follows the classic pullback expectation, finding support at the 50% retracement in a rounded shape".
I don't usually trade patterns, but I saw the Nasdaq closed nicely so this weekend should be good in Crypto... and then I saw this classical and popular pattern:
The Cup and Handle pattern was discovered by O'Neill and "the handle follows the classic pullback expectation, finding support at the 50% retracement in a rounded shape".
Trade closed manually
I saw weakness so booked profits.Please note that while I post trading ideas with targets, I often book profits and exit early ... then back in etc.
I will go back in if pattern remain valid this weekend.
Best,
Putrid
Note
Actually, it was me that dropped the nuke on this. Sorry.
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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.