CAMS !! Cup & Handle Brakout in Daily, Weekly, Monthly ChartCAMS !! Cup & Handle Brakout in Daily, Weekly, Monthly Chart
still good to buy as per the pattern target is 4500 on monthly chart
Cup And Handle
CUP n HANDLE An illustration of Cup and Handle pattern
First look for an initial uptrend of the stock
Later a small pull back
And later reversal of the pull back ....
Breakout of the highest point of the pull back
At retest , look for reversal candles like doji.... Look for tight price action
Enter the trade just above the high of the candle with stop loss below the lowest low of the candles
VIJAYA(W)VIJAYA forming a cup and handle chart pattern on the weekly timeframe. Traders watching for potential breakout signals from this bullish pattern. 📈
4031| Saudi Ground ServicesBroke out it's cup and handle pattern and now in process of full-filling cup depth.
Now trading on bullish flag which will break at through it at 55 SR.
Full-filling Flag height will take us to 60 SR.
Full-filling flagpole height will take us to 67SR.
At 67 SR its cup depth will be full-filled and completed
Breaking through 67 SR will open for a new wave/rally plus
Details in chart
Lockheed Martin Bullish Cup & HandleLockheed Martin is forming a bullish cup and handle pattern into renewed focus on defense spending. 12% gain from here would returns to previous all time high.
GBPAUD - Cup & Handle-Bullish Continuation-Bullish DivergenceFX:GBPAUD has created a new HH after a bearish rally. The new HH was created following bullish divergence on different timeframes (1 hr, 2hr, 3hr and 4hr). Price has also created a Cup & Handle pattern which indicates a potential bullish move incoming if price breaks the handle!
8200| Reinsurance stock This idea for long term
Reinsurance stock broke out its cup and handle pattern
Promised to full-fill cup depth which about 315 %
Cup depth will take us from 26 to 85 SR
Good luck!
TQQQ - Cup awaiting Handle ?TQQQ on a weekly chart in 2021 ascended into a falling wedge. As part of the falling wedge,
it started the downside initial part of a cup and handle pattern. The reversal occurred 11
months ago with the upside completion of the cup back to 57.5 In the typical cup and handle,
the handle then forms in a 50% retracement of the height of the cup. the cup height measures
44.5 over a period of about 9 months. Notably relative volumes peaked at the bottom of the
pattern. Once the retracement is complete, bullish continuation should occur to the extent of
the height of the cup above the lip. That is to say an uptrend from 57.5 adding 44.5 to get to
102 more or less. But first the retracement and reversal must occur.
Accordingly, if this is an incomplete cup and handle, it forecasts a retracement of 44.5 divided
by 2 or to about 38 as shown by the Fib retracement tool. After that price must reverse
then overcome the resistance of the lip of the cup ( 57.5) and continue to 102.
Overall, this forecasts that a bearish crash is in store for TQQQ ( as well as QQQ from which
it is leveraged). Time will tell if this pattern has given an accurate forecast. In the meanwhile,
I will watch for signs of QQQ topping out on the weekly time frame after the same signs on
lower time frames. The alternative view is that TQQQ is building an even bigger cup
right now with the lip at about 88 when the price had a high pivot down on November 22, 2021.
So, do you see a bigger or smaller cup pattern or none at all?
LRC cup and handle fib journey - 23 day trend brokenFollow-up on a previous long term idea.
LRC popped through the downtrend from 15 March - 7 April, will it hold?
Holding the trend, following a strong fib level.
Danger zone to 0.2720 if fib isn't held.
/potential/ entry 0.3596 stop 0.3397 up to 1.5933 profit level
Cup and Handle Pattern in the Crypto Total Market Cap.We can see a cup and handle pattern forming in the Total Crypto Market Cap.
Technically a correction to around 2T, which is between 38%-50% Fibonacci is possible, a perfect "buy the dip" opportunity.
I am expecting a retracement to those levels, to load up the track with
BTC, ETH, LTC, MKR, TAO, RNDR, LINK.
What do you guys think will happen from here?
Let me know in the comments!
Exxon Mobil Corporate cup and handlePossibile break out of a cup and handle pattern on Exxon Mobil Corporation EXO .
Max target at 153.30 , Mid target at 137.30 Fib Ext Lev .
Rsi seem overbought so it remains difficult for me to identify a stop loss that I will place below the first fibonacci level .
Any suggestion is welcome !
TLRY long termTLRY long term accumulation, seen similar patterns where they form a base and eventually run higher.
TOTAL 3 CUP and Completed HANDLEWe are about to rise into the trillion dollar territory on TOTAL3 . Imminent.
Not Financial Advice.
APTUSDTIn my opinion we can imagine a cup and handle pattern for APTUSDT on chart for incoming super bullrun.
NOT FINANCIAL ADVICE
cup and handle pattern, go longisn't this a very clear cup and handle pattern?
go long to 500,
stop loss at 290.
LRC cup and handle fib journey - Daily Just playing around
Is LRC repeating a previous cup and handle pattern and winding up to take off after the BTC halving on approx 20 April?
Testing the 0.236 support level
Previously poked the 0.382 resistance
Potentially bouncing off of the 121 or 200 EMA
Will likely not fall below the 0.2144 price level any time soon.
Psychological targets at $1 and $1.5 and 0.2700 downside.
This might be too crazy! Let's see how it plays out.
GBPJPY: Bullish Move May Continue 🇬🇧🇯🇵
GBPJPY broke and closed above an intraday horizontal resistance.
The broken structure turned into support.
Retesting that, the price formed a cup & handle formation on an hourly time frame.
We see a bullish continuation in the morning.
I expect growth at least to 192.8 level.
❤️Please, support my work with like, thank you!❤️
LONG TERM GOLD CUP AND HANDLEGold is forming a massive cup and handle on the weekly chart.
In this chart you will find some interesting support and resistances, as well with the timing.
GOOG “Google”……”Cup and Handle”Google formed a “Cup and Handle” Pattern……Broke and retest highs……we could see GOOG “Google” go on a nice run soon……let’s see how this one plays out!
GOOG- a cup and handle in formation LONGGOOG on the daily time frame showa a cup and handle pattern beginning at the November 21
high from the uptrend out of the Covid "crash" Price has printed the cup and returned to the
same price level of about 150 ; A handle is forming now. The cup and handle pattern forecasts
a bullish continuation from that price level to the extent of the height of the cup. Accordingly,
this would be from about $ 150 to about $220.
Daily charts have high reliability as do cup and handle patterns. The RSI indicator shows
strength in the 50-60 range so GOOG has a long way to go before being overbought. .
Once price is over $ 150, I will initiate a position on GOOG shares and look to also take call
options striking $150 for late 2024 or 2025.
GOOG- now at ATH completing A Cup and Handle LONGGOOG as shown on the daily chart has completed a cup and handle and has the momentum
of moving up to its previous ATH set 2/1/24 and November '21. This could forecast bullish
continuation to add $50-70 onto current price as so 30% onto the market cap. GOOG has
been relatively stable in the current general market environment. Earnings are coming in
three weeks. Google is dependent on ad revenues primarily and so its income stream is
relatively narrow focused no matter the variety of its services. I will take a long trade
here expecting good price movement heading into earnings with a trim of the position
just before earnings and stop loss adjustments at increments to diminish.
Mana Long Term Setup (Also short term)Decentraland (Mana) is about to go to the clouds once more again.
Everything's set and ready;
According to Elliot Wave Theory, phase 2 on weekly time frame has ended. We are ready for Wave 3, which is the wave you'd wanna be in for.
In 3 day chart zone, RSI is strong. Also in 12H time frame as well. I checked it's on chain data as well, looks okay.
Only Buy "Spot" and Hold until the target price is hit.
No stoploss will be given.
Short Term targets: 0,8217 - 0,8860
Long Term targets (for gigachads): 0,959 - 0,1267
Turbo Token: A GPT-4 Inspired Meme CoinThis structure looks like a cup and handle to me. I've indicated a key level of support and resistance with the blue lines.
Here are some tips for identifying a Cup & Handle pattern:
Cup Formation:
The pattern starts with a rounded bottom (the "cup") that resembles a "U" shape on the stock chart.
The left side of the cup shows a downtrend followed by a gradual bottoming out.
The right side of the cup shows a gradual uptrend, forming the other half of the "U" shape.
Handle Formation:
After the cup formation, there is a slight downward movement in the stock price, creating a smaller dip known as the "handle."
The handle is usually shorter in duration compared to the cup and has a downward-sloping or sideways trend.
Volume:
Volume tends to decrease during the formation of the handle, indicating a temporary decrease in trading activity.
Breakout:
The pattern is considered complete when the stock price breaks out above the resistance level formed by the top of the cup (often called the "lip").
This breakout is typically accompanied by an increase in volume, signaling potential bullish momentum.
To confirm a cup and handle pattern, traders often look for these characteristics and use technical indicators such as moving averages, relative strength index (RSI), and volume analysis. It's important to note that not all cup and handle patterns lead to significant price movements, so traders often combine pattern recognition with other analysis techniques for better decision-making.
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