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Cup And Handle

Cup & Handle Pattern TutorialA cup and handle pattern is a bullish continuation pattern that signals a potential upward price movement after a consolidation period. Here's a breakdown of its key components: Cup: The pattern starts with a downward move in price, forming a rounded bottom (the "cup"). The price then rallies back up to the level where it began, creating a U-shape. Handle: After the cup forms, the price pulls back downward in a smaller, rounded formation (the "handle"). This handle is typically a consolidation period before the price resumes its upward trend. Win Rate The cup and handle pattern is known for its high reliability and success rate. Research shows that it has a 95% success rate in bull markets and an average profit of around 54%. However, it's important to follow strict trading rules to achieve these results
NASDAQ:COINEducation
by RonnieV29
4
Octopus is attractive to Buy at these levels Offering 117% GainsThe stock after breaking out its accumulation zone enters the bullish territory and printed a Cup and Handle formation on weekly chart. The stock has successfully broke out the Cup and Handle but went into consolidation after posting bearish divergence. Currently, retraced till 71.8% as per FIB levels and being accumulated for another bullish ride where it can double the investment within next 6 months. One can start accumulate atleast 25% allocation at these levels with SL at 55. Confirmation to the Target price will be given once weekly closing above 100 is given by the stock where it will validate the journey towards final target price of 165 which is the projection of Cup and Handle formation.
PSX:OCTOPUSLong
by Trader-Roze
NETSOL hasn't achieved Cup and handle formation Final Target yetThe stock had recently made a Cup and Handle formation on its weekly chart, However, weekly closing has not been over 168, which indicates the fact that stock is likely to retraced till 143 level to get start for another rally towards its Cup and Handle formation target price of Rs. 176. Recently the HH was around 173. accumulation the stock between 143-155 levels is recommended. Once weekly closing is above 168, the stock is likely to test its resistance level around 198. If the stock is accumulated at an average price of 150ish, 32% gain can be expected if the stock tested its previous resistance at 198, breaking out 198 level would trigger the next resistance of 226. This movement is expected to be captured by the stock within next 12 months when the stock is likely to break its historical high of 304.75 Stop loss can be kept around 122
PSX:NETSOLLong
by Trader-Roze
Refrain from Trading in AGP at the momentThe stock has made significant bearish divergence and likely to retrace, Retracement Level 1 could be 150, level 2 could be 144, Level 3 could be 133 and Level 4 could be 121 where it should be accumulated as per your capital allocation. On Long term, the stock seems to be in uptrend with 6 months Target of 270 which will be a 50% gain from suggested Entry. However, this target is likely to be achieved when it will cross Rs 180 level being its previous HH. Investors or long term traders likely to made over 70-80% on this stock within next 6-8 months
PSX:AGPLong
by Trader-Roze
Babcock & Wilcox Enterprises, Inc | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Babcock & Wilcox Enterprises, Inc - Double Formation * Cup & Handle | Entry Area | Survey Settings | Subdivision 1 * 3.40 USD | Flag Structure | Pivot Point - Triple Formation * Top / Bottom Structure | Downtrend Bias | Subdivision 2 * Flag Structure At 1.80 USD | Trend Continuation * Behaviour & Entry | Daily Time Frame | Subdivision 3 Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
CAPITALCOM:BWShort
by TradePolitics
BNB Cup-n-Handle Breakout ComingBNB has been forming Higher Lows on Daily Chart and still undergoing a week long accumulation, within the Handle of this cup. Support level for this cup is 601-612 , that's where major accumulation is ongoing. Confluences with Monthly Vwap as well. On breakout, BNB will join the club with BTC and SOL that brokeout this month already. I am expecting a larger rally towards targets 900-1100 , making a move of 60-120% from current price. Disclaimer - Use your own analysis and do not rely on this trade idea alone. Use risk management while engaging trades.
Long
by MiaLovesFibs
SHDWUSD 12/13/2024SHDWUSD 4HR Chart Analysis Overview: • Release Date: Mid-April 2024 (Coinbase). • Initial Trend: Entered a step-down downtrend from release through October 2024. • Current Context: Found a potential floor at the beginning of November 2024, followed by a sideways movement during the month, suggesting accumulation. Pattern Formation: • Reversal Pattern: Price formed a Double Bottom or Cup and Handle pattern during November. • Breakout Confirmation: o December 4-5: Price broke through the neckline of the reversal structure. o Indicators: Increased momentum, MACD crossing above its signal in bullish territory, and a spike in volume confirmed the breakout. Recent Price Action: • After the breakout, the price consolidated, forming a Bull Flag pattern. • December 13th: Price broke out of the bull flag, pulling back to its previous resistance level, now acting as support, along with the 20-day EMA. This presents an excellent entry opportunity. Trade Setup: • Entry: $0.949 • Stop-Loss: $0.783 (-17.49%) • Target: $2.124 (+123.81%, 7.08 RR Ratio) Summary: SHDWUSD shows strong bullish signals with confirmed breakout patterns (Cup and Handle, Bull Flag). With support from the 20-day EMA and MACD momentum, it offers a high-potential long trade setup.
COINBASE:SHDWUSDLong
by rudcharts
INSPECT (INSPUSDT): Bullish Wave Imminent, Time To Buy!?INSPECT shows several optimistic bullish clues after testing a significant ascending support trend line on the 4-hour chart. Analyzing the chart, it is evident that the price formed a cup and handle pattern and has violated its neckline, demonstrating a bullish imbalance, along with a confirmed breakout from a descending parallel channel. Additionally, a confirmed Change of Character (CHoCH) has occurred. The price shows strong potential for further growth, and I believe it will soon reach the 0.054 level.
Long
by linofx1
2
TITANX is about to 25X *** CUP & HANDLE***TITANX has created an impressive and substantial cup and handle pattern on the weekly chart. This is exciting news as the ecosystem is currently experiencing DEFLATION and is on the verge of becoming HYPER DEFLATIONARY. The complete logarithmic projection indicates a potential 25X increase, which I firmly believe can be achieved and even exceeded given the strong fundamentals of this ecosystem. This rapidly expanding community which has proven its resilience, showcasing innovation and leading the charge in a fairly launched, sustainable crypto economy that is ideally positioned for the remainder of the crypto bull cycle. Can you name another token that is actively buying and burning hundreds of thousands of dollars of its own supply every single day? If you do, I’d love to hear about it!
UNISWAP3ETH:TITANXWETH_C45A81.USDLong
by BallaJi
AVGO - 6 months CUP & HANDLE══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support 🔎🔎🔎 ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" ═════════════════════════════ ⚠ DISCLAIMER ⚠ Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk. ═════════════════════════════
NASDAQ:AVGOLong
by TheArtOfCharting
1