Cupandhandlebreakout
SHILPA MEDICARE - Pull back or breakoutToday's close suggests that there is more gravity towards a pull back.
After the "Cup and Handle" breakout wait for a pullback to end.
With patience 25% on the cards after it crosses 627 on closing basis.
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KAVA.BTC (Y20.P3.E4).Cup and HandleHi All,
*** This is a component of the previous KAVA.BTC post > Link below ***
Hence supporting my thesis that this coin is in its early phases of doing a Parabolic run.
The chart tells its all.
Note, it did well with the btc dominance bounce and likely to keep doing so.
How to trade this?
2 options to consider:
a) You can wait for the 6 hrly candle to close before jumping in
b) Look for the retest of the support line
Its possible both will be covered in the 6 or 8 hrly window.
Please give me a tick or like for this post.
Enjoy!
Regards,
S.Sari
PREVIOUS POST
Confluence in EURJPYOn the daily we have a typical inverse head and shoulders (blue) cup and handle (green) confluence. We are approaching a huge supply zone.
The confluence on this chart is uncanny, if you zoom out you will see.
Long to the grey target and the green target is if we break the massive symmetrical triangle.
Big buy coming up within the next couple days.
CLWD Cup and Handle Pattern FormingCup and Handle pattern forming in the one month chart.
And in the social standards the company itself sees a positive outlook in terms of the next years revenue.
XAUUSD Cup and Handle Pattern - SellBoth on weekly and monthly chart we can see the candlestick formation on the move.
The resistance area for me is between 1767 and 1797. Any point between those levels is an appropriate Sell entry in my opinion.
After a considerable drop on gold and complete restructuring on the financial and wealth system following the Cup and Handle pattern we can expect a potential move above 1800 to 2000.
Cup & Handle Pattern on the 1 hour ? #BitcoinI was just looking at the 1 Hour chart pattern and this formation stuck out at me. What do you guys think? Are we forming a Cup & Handle Pattern here? Does this mean we are getting ready to break out here? What do you guys think?
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