The CUP and HANDLE pattern occurs after a bullish trend. The cup forms a round bottom and the price comes back to the previous peak. Then, the HANDLE zone is formed with a small descending period.
It is expected that, after this pattern, a strong UPWARD movement will come.
Goodluck!
It is expected that, after this pattern, a strong UPWARD movement will come.
Goodluck!
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Related publications
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.