CHFJPY (W) CUP AND HANDLE PATTERN CHFJPY has formed a C&H pattern on its weekly chart.
The price is trading above the Breakout: 149.799.
ST: 143.377
Targets:
62%: 179.736
79%: 87.879
100%: 197.640
Cup And Handle
DAX CUP AND HANDLE Hello traders, and welcome. Let's take a look at the DAX index, presenting a great trading opportunity. The DAX, on its weekly chart, has formed a cup and handle pattern, and the price has broken above the breakout level at 16305.21. Stops are placed at ST: 15465.59, and the target zones are as follows:
Zone 1 at 62%: 19078.70
Zone 2 at 79%: 19817.23
NZDJPY CUP AND HANDLE Hello traders! Let's take a look at NZDJPY, where a cup and handle pattern has formed on its daily chart. Currently, the price is trading above the breakout level at 88.170. With this breakout in mind, potential targets for this pattern could be:
Targets:
- 62% at 92.929
- 79% at 94.227
XAUUSDA cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift.
The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation may be as short as seven weeks or as long as 65 weeks.
KEY TAKEAWAYS
A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift.
A cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long.
Technical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern.
The pattern was first described by William J. O'Neil in his 1988 classic book on technical analysis, How to Make Money in Stocks.
RNDR cup from the godsRNDR is forming a cup and handle from its launch date to now. The token has extreme momentum and the NVDA earnings should pump the entire market. We are close to price discovery here, I would love a small pull back and consolidation before this cup launches, the upside is gigantic.
My price targets remain the same from when RNDR was 50 cents:
-Medium Term 17$
-Long Term 40$
TIAUSDT: Potential Bullish Cup with Handle Pattern at SupportTIAUSDT has potentially formed a Cup with Handle and has held on to a Daily Support level with a bit of MACD Bullish Divergence and some Bullish RSI BAMM confirmation. This could end up being an early Bullish entry before TIA goes for the break of the handle.
NIFTY ShortBroke the cup and handle pattern..so go short ...stop is the breakdown candle top close above...Looks like it will be a good short..tgt mentioned on the chart..
APPLEAAPLE is in strong upward trend. After shallow retracement market seems to be continue the trend .
As the market also formed Cup and Handle pattern which is also a continuation pattern also putting confluence to keeping the uptrend.
If the market continue to trend higher , the next optimum target could be 210
Inverted Cup And HandleLooking for a sell opportunity
Price just formed a new resistance
CUP AND HANDLE FORMATION
short or sell
ALGO Cup & Handle FormationMany alts still trading near the lows looking very bullish in preparation to breakout to the upside. Theyve been consolidating at the lows for very long time and ready to rock & roll.
Entry here is a bit high in terms of risk:reward with the stop loss at the last low ~$0.15.
I suspect a liquidity grad could take place first (retest the breakout) but that may not happen.
You can also look for entry after move up along the top of the c&h line where resistance will be looking to turn into support, thats where bulls will be setting up their next move higher to take out shorts.
Min target is $0.83 which is approx 4x from this 19c range. I would love to get a liquidity dip down to $0.10 before moving higher but that is unlikely to happen, possible but unlikely.
ALGO has taken a very long time with price action so I dont mind entering higher than cycle low ~8c. *c to 25c was a sweet 3x for those of you who bought n took profits, so now lets focus on the move higher to retest that $0.80 to $1 zone
The measured move (cup height) takes us to this zone. EW fib extension calculates to same zone, and we realign with the 0.236 fib retracement all surrounding a major support level that was broken on move down. If bull can reclaim that and turn it back into support, AGLO can continue much higher to complete the EW 5 wave sequence
ASO - Clear Analysis and what to look out forWe have our proven controlled selling algorithms taking control of price after closing a HTF cup. We are looking for some liquidity to be built within these teal and orange selling channels and for support to be found at our buying continuation channels of magenta and green.
We are waiting for an initial break of orange strong selling to then retest teal tapered selling where as we can see a further breakout take place.
Hope you're enjoying the long weekend and
Happy Trading :)
Long setup in Ramky InfraTargets are Big as shown in the chart..
Short term trader can buy with SL of 80 and long term investors go with SL below 60 on WCB
I am not a full time analyst, I just post my ideas only to help others. Remember it is your capital and R&R always
Weekly view of ETH cup and handleThis is a weekly view of my prior chart. I have posted this idea a few times in the past and it played out nicely on the long-term.
Eth cup and handle to golden fibEth has just kissed the golden fib for the first time in years, this cup and handle definitely played out how I had hoped. 3400 is in the cards here as the tech sector remains hot.
Super cup and handle theorySuper is a leader in gaming and is pumping like crazy over the past two months. The token is starting to form a huge cup and handle on the weekly with a projection to 2.6ish. I was thankfully able to get a solid 10x out of this with my more recent entries around 16 cents. I do have a remaining long-term bag. I am extremely bullish on this token leading the gaming run.
$VRA VerasityNASDAQ:VRA Might reach 1$ in upcomming week, indicators showing it should go down soon, but there is Adam&Eve patern + Cup&Handle, weekly RSI stochastics is bullish.
Crompton GreavesCROMPTON GREAVES:
Nice Cup and Handle in Weekly Time Frame
30 W SMA is rising.
Do Not Buy at Break Out . (Financial Year Close Nearing)
Entry should be on Retest . If it Misses, its a Miss.
$LIFE completed cup & handle pattern this week on the 4HPhase 3 trial completion coming up in August but it appears momentum is pulling this up well ahead of it.
Bitcoin Has Formed a Rounding Top FormationIn 15 minute time frame I can see a rounding top pattern has formed. Unless it breaks 53.000 this weekend, it's going for a small correction. All targets specified on the cart.
MPHASIS LTDTechnicals:
--> Seems that during July 2023, the price of the asset took support on the trendline which was formed back in May 2021.
--> From that point on, the price moved to complete the cup and handle pattern and also broke out of the pattern.
--> After breaking out, the price had retested the new support levels formed basis C&H pattern.
Please suggest if any error or omission in the analysis and if possible please let know if any of you done proper fundamental analysis from your side just to improve my self.
PDD Holdings Update - As expected, we flew! But there's more!We expected this move and were prepared for it! But this thing still has legs for further move up as we see from the past and proven by this week's strong movement!
Happy Trading :)
For those beleiveing in the SUI coin If you believe in SUI coin I have a more degen play that could potentially give a better reward if SUI coin pumps.
We have a cup & handle forming on the weekly timeframe. I expect a little retracement before hugging the all-time time (disregarding the pump & dump at lunch) with a reacting to this zone and then breaking to the upside during the bull run.
If the bull is bigger than the previous one this could be a good gainer
