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Cupandhandlepattern

A Cup and Handle on Pegasystems! Potential of +50%NASDAQ:PEGA Pegasystems Inc. is a leading provider of Customer Relationship Management software that enables transaction-intensive organizations to manage a broad array of customer interactions. Their software enables organizations to deliver high-quality, consistent customer service across today's preferred interaction channels, from the traditional call center environment to Internet self-service. The company's customers represent a wide range of industries, including banking and financial services, insurance, healthcare management, and telecommunications. A cup and handle has been formed on Pegasystems. I dont need to tell much, the chart is telling everything. I am waiting for the breakout of the bullish flag (handle), then a small entrancement to enter. We expect to see resistance at 49 - 51, then at 54 - 56, then a move to 70. Let's get it!!! Many thanks for the amazing mentorship from @Market-Snipers
NASDAQ:PEGALong
by bellaSoussa
ISMT MULTIPLE YEARS CUP BREAKOUT!!!Hello to everyone The price given multiple years cup pattern breakout with massive volume buildup. Breakout also done by good candle above the resolution point. price consolidated for very long time near the resolution point an finally given the breakout above the resolution point. RSI also taking strong support at the 60 level and the price holds itself perfectly which is showing that price has enough momentum and potential to go upside for their upward targets. The range of 40--42 is strong support zone for the price. After breakout we can expect targets of 100--130 in next coming days. After multiple years breakout expecting good move in price. Keep the stock to your radar list for good returns. ISMT LTD 👉Multiple Years Cup Breakout ✅ 👉Breakout after long time consolidation👍 👉Good volume Buildup✅ 👉Strong Breakout 👉RSI at 60 support 👉After Breakout Possible Targets-- 100/130+ 👉Keep on radar✅ Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad.
ILong
by Jha_Nidhi
2
LCID Lucid Cup and Handle Short then LongFSR has formed the cup of the cup and handle pattern and is now starting the downturn formation of the handle. Price action should continue down to the 50% retracement of the uptrend of the cup. It should then reverse and trend upward to twice the height of the cup/ AO /MACD / RSI confirm the downtrend. I will target this with the $8.50 strike put options expiring 3/10 and then upon hitting the full retracement close than position and open $9.50 call options expiring 3/17. Overall, expecting 200-300% realized profit on the trades. Not at all a surprise but FSR / Fisker has the same pattern and so a similar idea.
NASDAQ:LCID
by AwesomeAvani
3
FISKER FSR Cup and Handle Short then LongFSR has formed the cup of the cup and handle pattern and is now starting the downturn formation of the handle. Price action should continue down to the 50% retracement of the uptrend of the cup. It should then reverse and trend upward to twice the height of the cup/ AO /MACD / RSI confirm the downtrend. I will target this with the $7.50 strike put options expiring 3/10 and then upon hitting the full retracement close than position and open $8.50 call options expiring 3/17. Overall, expecting 200-300% realized profit on the trades. Not at all a surprise but LCID / Lucid has the same pattern and so a similar idea.
F
by AwesomeAvani
Adam/Eve Reversal Formation at Falling Wedge BreakoutYFI has both broken out of its falling wedge, and formed an Adam & Eve reversal pattern at the end of that breakout, neckline already has a breakout. Before heading to targets for either (targets on the chart): - I'm expecting it to push just above the 200 day EMA, potentially near the halfway point to its falling wedge TP 1, or around 8800-9k It will likely consolidate around the 200 EMA for a bit before moving on to higher targets, or failing to get above it and re-testing either top of wedge break or Adam/Eve neckline again. Adam/Eve pattern could also be considered a cup & handle - targets would be the same in either case. SUMMARY - if we can eventually get and hold above the 200 EMA, short-term targets are the Adam/Eve TP 1 and 2, and longer-term targets are the falling wedge TP 1 and 2. - meanwhile, look for a move above the 200 EMA to 8800-9k, followed by consolidation around the 200 EMA.
BINANCE:YFIUSDLong
by dudebruhwhoa
5
XAUUSD CUP DAN HANDLE PATTERNXAUUSD has formed a cup & handle Pattern on its daily chart. The price is trading above the breakout Breakout: 1808.170 Stop: 1788.499 Targets 62% 1930.601 79%: 1962.026 127% 2057.654 162%: 2124.224 TRADE CHARTS PATTERNS LIKE THE PROS 5 GOLDEN RULES 1: The Trade Setup The setup is the basic conditions that need to be present in order to even consider a trade. For example, if you're a chart patterns trader, then a pattern needs to be present. Your trading plan should define what a tradable chart pattern is (for your strategy). This will help you avoid trading when a chart pattern isn't there. Think of the "setup" at your reason for trading. 2: The Trade Trigger If your reason for trading is present, you still need a precise event that tells you now is the time to trade There are various methods using a trigger. A Price action B Moving averages C Fibonacci 3: The Stop Loss Having the right conditions for entry and knowing your trade trigger isn't enough to produce a good trade. The risk on that trade must also be managed with a stop-loss order. There are multiple ways to place a stop loss. For long trades, a stop loss is often placed just slightly below a recent swing low and for a short trade just slightly above a recent swing high. Step 4: The Price Target You now know that conditions are favourable for a trade, as well as where the entry point and stop loss will go. Next, consider the profit potential. A profit target is based on something measurable and not just randomly chosen. Chart patterns, for example, provide targets based on the size of the pattern. Trend channels show where the price has had a tendency to reverse; if buying near the bottom of the channel, set a price target near the top of the channel. 5: The Reward-to-Risk Strive to take trades only where the profit potential is greater than 1.5 times the risk. For example, losing $100 if the price reaches your stop loss means you should be making $150 or more if the target price is reached. I wish you all happy new year, also i wish this gold trade to be a successful one.
OANDA:XAUUSDLong
by TradeChartPatternsLikeThePros
6
CVXUSDT : Cup & Handle Pattern Can X4Hi Traders, Investors and Speculators of the Charts 📈📉 CVXUSDT is another altcoin with massive upside potential. Infact, after consolidating for such an extended period, a parabolic move to the upside is very possible. In the chart, I've pointed out 3 take profit zones based on candle wicks (supply zone and demand zone) , but you can always add more TP points depending on your trading strategy and your patience. The 0.618 Fibonacci Retracement is always a very likely target during any bull market, therefore that would be my ultimate target for this season. I'm not using any technical indicators today, as I am doing a longer term outlook on CVX. I believe there is an important balance between trend line analysis / chart analysis / chart patterns , and technical indicator analysis. I find that trend analysis ( trend lines , Fibonacci Retracement , patterns , support zone and resistance zone ) is really helpful for longer term, whilst technical indicators can be very useful for the shorter term. Here's my bullish outlook on Bitcoin 👀 _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
34
Riding the Winds of Change: An Analysis of Inox Wind Stock This publication provides an in-depth analysis of Inox Wind Limited, a leading Indian wind energy solutions provider. The report examines the company's financial performance, market positioning, growth strategies, and future prospects. Additionally, it explores the factors that are likely to impact the company's stock performance in the short and long term, such as regulatory changes, competitive landscape, and macroeconomic trends. The publication is intended for investors, financial analysts, and industry experts who are interested in gaining a comprehensive understanding of Inox Wind's stock performance and its potential as a long-term investment opportunity in the renewable energy sector.
NSE:INOXWINDLong
by PortionTrading