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Cupandhandlepattern

XAUUSD Inverse Cup and Handle Bullish for Now LONGXAUUSD = Spot Gold appears to be forming an upside-down cup and handle pattern. At present, the handle is forming in an ascending channel so the pattern is bullish right now. However, the completion of the handle and price dropping to the 1695 range would confirm the bearish continuation where the price could then drop to the 1580 range based on the cup having a bottom-to-top price distance of 110. I believe that this is worth watching for a short entry at the 1695 level. A bearish continuation in September would coincide with September historically being one of the weakest months of the trading year.
FX:XAUUSDShort
by AwesomeAvani
Will TSLA have a bloodfree September?NASDAQ:TSLA On the 2 Hr chart, TSLA seems to be forming the handle of a cup and handle pattern started back in April. The MACD shows K/ D signals about to cross under the histogram while the 'RSI oscillator shows no divergence that would suggest a reversal of the downtrend. So, will the pattern be intact and TSLA have a good September with bullish continuation or instead will there be more blood in the street for September and TSLA continue on its downtrend? What is your opinion
NASDAQ:TSLA
by AwesomeAvani
2
Mahindra holidays amd resorts india LtdMahindra holidays amd resorts india Ltd good for swing trading Buying this stock also because cup and handle pattern is forming volume is hingh cup and handle breakout BUY =286.45 Stop loss=261 1st target =308 2nd target=331 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
NSE:MHRILLong
by LR_RAJSharma
Gold Bear market incoming - down to 1686, 1440? As we can see we have both a Double top, as well as a reversed cup & handle pattern on the weekly chart. Both announce a bearish sentiment to the market for the coming months if correct. We can see gold retest 1680 level as it did 18/07, breaking that (very strong) support could cause the pair to depreciate to 1440-1446. I am personally opening a smaller lot, long-term sell position, TP1 set at 1686, TP2 set 1512.5. Don't risk opening big lots on such trades, this process could take months, we also need to remember to take external factors into consideration. Let me know what you think!
EASYMARKETS:XAUUSDShort
by mbarbar
$NFG gas industry leader near breakoutNational Fuel Gas Co l is a diversified energy organization headquartered in Western New York that operates an integrated collection of natural gas and oil assets across four business segments: exploration and production, pipeline and storage, gathering, and utility. The stock is in a confirmed uptrend and has formed a cup & handle with a buy point at $73. Investors Business Daily gives a Relative Strength rating of 92 and Ranks the stock first in its industry. AMEX:UNG had a really bad day yesterday which could affect NYSE:NFG and the rest of the industry. I'll let the price guide me. If it breakouts with heavy volume I'll buy. If not, then I won't buy. Simple.
NYSE:NFGLong
by dpuleo19
BNB: Bearish Inverse Cup & Handle!!Hello Guys, BNB is looking bearish here. It is forming inverse cup & handle pattern (which is generally a bearish pattern). Important support area is $273-$278 (support line of inverse cup & handle pattern). If it breaks below the support then we can see more dump ($250ish area) You can open a short position after breakdown of support area with low leverage. SL: Above $311 if you like this idea then do support it with like and follow for more. Also, share your views in the comment section. Thank You!
Short
by Usman_Yaqoob
1
$DLTR, CMT Investment Challenge - 1st TradeDolar Tree is in a confirmed uptrend and after a retest on support at $125, the price has formed a cup & handle with less of 30% throwback, this correction came after bad news on NYSE:WMT . That's why stocks like NASDAQ:DLTR and NYSE:DG came right back up. This shows strength and leadership in its industry. Inside the handle it has formed a shark pattern with pivot buy at $169. This volatility contraction usually signals that an agressive move could follow. My stop loss is just below last week's low. Investors Business Daily gives a RS rating of 96 and Ranks the stock in 2nd in its industry behind NYSE:BJ . The retail leader has reported 4 quarters in a row with YoY growth. Last quarter published a +6% in revenue, +34% in profit margins and +48% in EPS growth. This fundamentals may act as a driver for institutions to buy the stock.
NASDAQ:DLTRLong
by dpuleo19
BGRIM | Elliott Wave Analysis - Leading Diagonal Cup HandlePrice action and chart pattern trading > Cup & Handle pattern with a leading diagonal wave forming the cup handle, possibly iv-wave correction targeting EMA70 slightly below the lower channel support > Expecting a candlestick tight formation for reversal pattern formation before entering a long entry. > The target 3-wave confirmation should break out the upper channel resistance. > The final target of cup & handle at 2.618 extension zone
SET:BGRIMLong
by dukeposh
1