SPX classic cup and handle. At least another 100% gains from herThe chart is so simple, no need for commentary. Spx just completed a cup and handle.
Cup And Handle
Link/BTC Bullish: Cap&Handle continuationIf it is able to brake the next 0.00042 resistance level, LINK/BTC price could skyrocket to 0.0007 levels, almost 100% potential from current levels.
LTCBTC Cup and Handle with 0.0021 targetLooks like a cup and handle on daily. good probability for 0.0021 target
Union Bank of India Weekly Chart AnalysisUnion Bank has given a breakout of cup and handle pattern on weekly time frame with huge volume spike, and FII's are continuously increasing their stake.
KRTEK - 13 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.
SHREEDIGICEM - Poised for a 10-15% upmove from cmp.The stock is breaking out of 2 year old consolidation, once can expect 40-50% ROI in short to mid term.
For Swing trade, one may look to enter at current price and trail profits post 114, 14-15% ROI.
The stock is in uptrend in all higher timeframes. The stock is clearly indicating cup and handle pattern in weekly.
GOLDFIELDS - Long IDEA Taking an initial position long on Goldfields here with a tight stoploss. I will add on a successful break of the R254 swing high if we get there.
A decent cup & handle in the making with a good risk /reward ratio.
Stoploss and final take profit on the chart .
BTC 1W: Cup And Handle?!Hello community.
Most likely, the “cup and handle” pattern on the weekly chart for BTC was noticed not only by me ;) . Of course, it hasn’t taken place yet, but if anyone hasn’t noticed, I recommend paying attention.
Based on the fact that for most cryptocurrencies (at least those traded on Binance in the USDT pair), the trend is currently not defined, and has been in sideways movement for several days, then one of two things is either a bowl with a handle or without a handle ;)
Of course, my opinion may be wrong, I made the analysis only based on observation of the general trend of cryptocurrencies and BTC separately (here we mean the number of coins that are added to the “tracking base”)
What do you think?!
pollback (APE)📊Analysis by AhmadArz:
🔍Entry: 1.514
🛑Stop Loss: 1.538
🎯Take Profit: 1.478
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
ZIP BNPL - Cup and Handle forming (Daily)An outer larger cup identified, overlapping my previous cup formation I published
• 32-week cup length with handle pattern forming (to be confirmed)
• 60% deep cup from prior high (in extreme circumstances it can go to 2/3 )
• handle length satisfactory. Proper depth reached already, looking for breakout
• estimated target +40.5 from handle breakout (base 25.5 to right top of cup 66.0)
I am not a financial advisor, and the chart analysis, including any mention of a cup and handle pattern, is for educational and informational purposes only; individuals should conduct their own research or consult a qualified financial professional before making any investment decisions.
SHIBA INU trade IDEAAs you can see there is bullish divergence on weekly time. SHIBA has been breakout and retest the as well in coming weeks you will see big candle and trend reversal
All time high breakout!!!The chart has given previous all time high breakout and now trending above that levels. So, it has technically good potential for upside momentum. A clear cup and handle pattern breakout.
GILD 6-Year Resistance IdeaGILD is pushing a 6-year resistance line. It broke through for a few days a year ago before being battered back down. Let's see if it'll make the move stick this time.
Hologic: Holding Above 200-week SMA Inside of a Cup with HandleHologic is currently Consolidating within the potential handle of a Bullish Cup with Handle pattern and is holding above the 200-week Simple Moving Average. If this pattern plays out successfully, the measured move target would take HOLX up to around $118. n addition to the technical pattern, HOLX seems to be improving its balance sheet on an annual basis, consistently increasing Assets while decreasing Liabilities and Debts. Overall, this stock seems like a stronger stock within the health sector.
META Weekly chart - Cup and Handle, b/oMeta weekly chart showing strength. Cup and handle formed and B/o possibilities are on the high. Next support 384.48, already testing/tested Supply zone. OI showing huge resistance at 375 (58k contracts) this week. May b/o next week. Let us wait and watch.
Possible trades
Possible PCS opportunity
UBL looking very strongUBL is making a cup and handle at a weekly support level, its a classic case of breakout and retest on weekly and the cup and handle is visible on 1HR and 30 min
SILVER (XAGUSD): Bearish Continuation 🪙
Look how nicely Silver respected a solid horizontal supply area on a 4H.
We see a strong rejection and a formation of a cup & handle pattern.
Odds are high that sellers will push the prices lower now.
Goals: 22.75 / 22.55
❤️Please, support my work with like, thank you!❤️
Bearish Breakdown: FTSE 100 Inverse Cup & Handle FormationBody:
The FTSE 100 index exhibits a compelling technical structure, presenting a potential bearish opportunity. An Inverse Cup & Handle pattern has formed, signaling downward pressure. This classical pattern is often indicative of a continuation in bearish momentum following a consolidation period that resembles a 'cup and handle' in reverse.
Entry Point:
The trade initiated at the 7529.3 level, a strategic entry post the pattern's confirmed breakdown.
Stop Loss:
A prudent stop loss is placed at 7583.8, positioned above the pattern's resistance to account for any potential upside volatility and false breakouts.
Take Profit Targets:
Take Profit 1: Set at 7477.1, likely derived from previous support levels or a desired risk-reward ratio.
Take Profit 2: Further down at 7421.0, which may align with extended support zones or a Fibonacci level.
Supporting Indicators:
Volume patterns align with the bearish outlook, and the RSI oscillator's neutral
read indicates there's still room for the price to move without hitting overbought or oversold levels.
Rationale:
The rationale behind this trade is grounded in classic technical pattern recognition. The Inverse Cup & Handle is a reliable pattern, hinting at a continuation of the prior downtrend. This bearish setup is further supported by the recent price action, which shows a break and retest of the pattern's support-turned-resistance level.
Trade Management:
This trade idea emphasizes the importance of risk management. Adjustments to the stop loss and take profit levels should be considered if the market environment changes or new information comes to light.
Conclusion:
Given the bearish pattern and confirmatory indicators, the FTSE 100 may be poised for a descent. As with all trades, this idea requires monitoring for adherence to the pattern's implications and adjustment based on real-time market developments.
TEZOS FORMING A POSSIBLE CUP AND HANDLEIn this chart of BINANCE:XTZUSDT , the coin is forming a possible cup and handle formation,
a bullish pattern in trading. In this idea, I will provide some keys and strategies in trading at this stage. So, stay tuned for the updeates on the idea threads below.
Happy trading and may all of us more profitable this 2024!
ES - SP500 futures Forming Cup and HandleCurrent bullish cup and handle pattern forming. The move from a breakout of this pattern could take it to all time highs.
