Picturesque Cup&Handle
Updated
This is a proper cup and handle, buy the breakout right at the all-time high or wait until it clears the all the high and comes back to confirm resistance. I will be buying to open as soon as price reaches new highs
Buy to open = 169.07
1st Profit Target = 175
Stop Loss = 164.20
Buy to open = 169.07
1st Profit Target = 175
Stop Loss = 164.20
Trade active
Price is creeping toward my entry point. waiting for price to reach $196.07 before I buy to open this trade.Order cancelled
Entry never taken and the set up has broken down.
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