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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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.