WTI CRUDE OIL - Cup and handle patternChart show's the possibility of the cup and handle pattern and the target.
Cup And Handle
"POSSIBLE CUP AND HANDLE PATTERN" ; EXPECTED COUSRE COST 180.000In my humble opinion, it should work
At the moment, we can talk about the formation of the "cup" pattern
In the not-too-distant future, we'll see handle
4H Cup-Handle4H cup handle formation worked
tp1 : 1.32
tp2 (long term) : 3.3
not financial adviceses
WTI CRUDE OIL WILL SKYROCKET - LONG TERMif you had the intention of buying an oil or gasoline car in the following years, think again. The price of oil will skyrocket.
Chart show's the possibilty of the cup and handle pattern and the target.
2140| AyyanAyyan Investment
Cup and handle pattern.
Breakthrough 28 SR will take us 100 % to 55-60 SR from the bottom of the handle
Breakthrough 28 SR will take us 250 % to 100 SR from the bottom of the cup
Good luck!
$ROSE Cup-and-Handle formationClearing 0.15 resistance area could trigger a quick trip to all time high.
FIOUSDTThe cup and handle chart pattern is a bullish continuation pattern in technical analysis. It consists of a cup-shaped formation followed by a smaller, downward-sloping handle. The breakout above the resistance level of the cup signals a potential uptrend continuation. It indicates a shift from consolidation to renewed buying interest.
Short term target upon completion of Cup is at 0.04250
Rejection can be seen for the formation of its handle or it might break the neck line depending upon volumes.
Mid term target after the breakout of the neck line is at 0.05259
HUMNLThe current price action demonstrates a consolidation phase, as delineated by the curve indicated on the chart. Furthermore, a bullish divergence has emerged in conjunction with the RSI. Notably, the RSI exhibits an upward trajectory, indicative of a burgeoning upward momentum. Should the price breach its resistance level of 6.90, this may signify the formation of a cup pattern.
For strategic accumulation, a range between 6.55 and 6.65 presents an opportune window, with an initial target set at 6.90 and subsequent advancement to 7.20. It is advised to implement a stop loss strategy beneath the threshold of 6.38 to mitigate potential losses.
Microsoft Bullish Cup and Handle Microsoft - NASDAQ:MSFT
A bullish monthly and weekly chart:
✅Monthly MACD Cross
✅ Long Term parallel channel intact
✅ Above 200 day & week MA
✅ Cup and Handle (with a high handle - Preferred)
✅ Good Risk: Reward Ratio at 7.6 (51%+ vs -7% loss)
⚠️ Stop loss levels on chart 🫡
A great set up. Those that are patient could wait for a potential pull back (arrow on chart) as we are reaching into overbought levels on the RSI on the weekly. It would not be unusual for Microsoft to pull back 5-8%. The R:R would be significantly improved if you waited and if it led to an entry from approx. $350 (after a 5-8% pull back), this would line up with the 200 DSMA also. However there are no guarantees of a pull back.
Those half as cautious could enter half a position here and see what happens and place another entry at $350.
All in all the $330 - 335 red box area on the chart is an absolute stop loss level. If this level is lost I would be out of the trade fast.
So you have options with this set up:
1) Entry here with a tight 7% stop.
2) Half a position here and half at approx. $350 with a stop at $335.
3) You wait for $350 and you place your stop at $330.
These all result in a similar loss of 5 - 7% in the event the trade fails. The upside potential is always 50%+. You can always cut early also at target one and take something at the 26% profit level.
It important you take full responsibility for your trade, position accordingly and be ok with the small 5-7% loss as it will likely happen, we are only leaning on the probability that maybe 60-70% of the time these trade set up provide us the return we want.
I have not really ventured into the earnings or dividends however they are both positive contributors to this trade as earnings have been excellent and dividends whilst minimal, are dividends at the end of the day. We are here for the trade and play a set up off the chart. The fundamental's are just nice framing for the stock in our minds eye.
PUKA
BTC in danger zoneBTC is in the danger zone on the weekly, it has hit the overextension target of 58.4k. I dont short story stocks or cult stocks and I should treat BTC the same here but I just cant reasonably be adding to positions here since I am so heavily exposed.
-I am short in mindset but not in action, at most I will sell small bits of altcoins I am heavily in profit on
-Note the OBV is losing trend, this usually leads to a drop in price/volume
HNST Cup and Handle BreakoutHNST is looking really good on the daily chart. It's already tripled off the lows, but is in the end stages of a textbook cup and handle and currently grinding up at resistance. A volume breakout, or a red to green open should send this straight through that $3.50 resistance. RSI held 50 and is now creeping it's way back up slow and steady. Could be due for another explosive move.
$KAS Huge Cup and Handle?CRYPTOCAP:KAS has played out several smaller cup-and-handle patters over the past year. This idea shows two larger cup-and-handle patterns on the $KAS/BTC pair - one which played out already (yellow) and one that could be leading up to a breakout.
If this breakout occurs, it could shoot KAS*1,000,000/BTC from ~3.0 to 5.0 - 5.5. at ~$60k BTC, that's $0.30 - $0.33 per $KAS. Very fair target considering others' recent models.
Where things could turn really juicy, is if BTC continues to rip and closes in on $90-100k... in that case, the target CRYPTOCAP:KAS price range is $0.45 - 0.55.
Good luck!!
CRYPTOCAP:KAS , COINEX:KASBTC
3DAY cup and handle forming on FTMFTM 3day chart looks bullish. Already had decent move up recently.
.55 level would be the level to break, then consolidation and then run to the upside.
The first target being 1.00 maybe little higher
Thanks for your time!
Not financial advice, just my 2cents
ADA/USDT is going down The chart is showing the cup pattern and it’s going to lower prices
#ADA
#BTC
#ADAUSDT
FND - 7 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 🤝
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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"
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⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
SOLUSDTThe cup and handle chart pattern is a bullish continuation pattern in technical analysis. It consists of a cup-shaped formation followed by a smaller, downward-sloping handle. The breakout above the resistance level of the cup signals a potential uptrend continuation. It indicates a shift from consolidation to renewed buying interest.
🚧MANAUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi.
COINEX:MANAUSDT
✅Today, I want to analyze MANA for you in a WEEKLY time frame so that we can have a Short-term view of MANA regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
We have a Bullish Structure here
Cup & Handle pattern is completed and now we testing the resistance cluster of Descending Resistance + C&H neckline + 0.53$ Key Zone☝️
Looking for a breakout and rally📈
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- cup&handle
- AB=CD
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Waiting for pullback on RNDR
RNDR didn't manage to break its all-time high leaving a nice cup & handle pattern
Expecting a pullback for the handle before going higher.
I will accumulate heavily on the pullback
GBPAUD: Bullish Continuation 🇬🇧🇦🇺
GBPAUD violated a solid horizontal supply zone.
After its retest, the price formed a cup & handle formation on an hourly time frame.
Bullish violation of its neckline confirms the significance of the broken structure.
We can anticipate a growth on the pair at least to 1.9464
❤️Please, support my work with like, thank you!❤️
$NMR CUP AND HANDLE NYSE:NMR economy in Japan doing well. Here Nomura is forming a cup and handle after last good earnings report. Observe the linear 8EMA trajectory. LONG!
GALAUSDT CUP HANDLE??!
As seen in the chart, the cup formation appears. I expect an increase in the direction I specified as long as the market allows it.
note to myself!
Handle EmergingWith its bottom on November 11th we can see a cup bottoming sharply and reminding almost already at a V-formation. Nevertheless there is a long handle from end November until end January that had been exceeded and is to be retested now.
Of course the price may come back to the top of the handle but in respect of the deep cup there is a chance of a large gain that may justify an entry now already with the chance of an additional long entry later on.
