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Cupandhandlepattern

CUP AND HANDLE SET UP $ICPThese rules are based on Thomas N. Bulkowski's book 'Encyclopedia of Chart Patterns' Hi guys, cup and handle set up on ICP. 1. Previous to 1st cup lip rise in price > 30% 2. Right cup lip around the same price as left cup lip 3. Length of cup > 7 weeks. 4. length of handle > 1 week. 5. Invalid if daily close below 50% of the cup These rules are based on Thomas N. Bulkowski Targets are on the chart.. would suggest running a trailing SL to get max returns on this one. Like and follow if you found this of use. Not financial advise.
COINBASE:ICPUSDLong
by mammamia2
$RRC, cup & handle with a explosion gap pivot play Range Resources Corp is in the exploration and production of AMEX:USO and AMEX:UNG in the US. It was recentlty feature in IBD and got me interested because its good looking cup & handle. Today managed to breakout with a gap. This gap should act as resistance. As the market still needs to prove itself, I won't buy this breakout but the breakout from today's high with a stop loss just below yesterday's high. This strategy is called Explosion Gap Pivot. It uses the gap range as support.
NYSE:RRCLong
by dpuleo19
2
BTC IS READY TO GO $26K!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC update. BTC is forming a cup and handle pattern in LTF and also it breaks out from the neckline of the cup and handle. Expecting a good bullish move up to $26k from here. Invalidation level:- Any candle close below $23.5k will invalidate this chart. If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
Long
by CoreCrypto1
8
TSLA - Long - Cup and handle pattern (NEW)The price is forming in a potential cup and handle pattern. If, the pattern forms then traders should take a long position. The stock is expected to have bullish breakout of the cup and handle according to the pattern. Entry level is at the horizonal entry line, entry is possible either, immediately after breakout of the cup´s handle with the volume surge or, a retest that confirms the resistance line as a new support level. Trade exit is highlighted in flag at the top of the arrow.
NASDAQ:TSLALong
by vf_investment
1
ETH cup and handle #ETH/USDT $ETH shaped cup and handle pattern in short term and broke out from resistance. 🐮 so price can have another leg up to touch 2 fib level of cup, which is the same with 0.382 fib level of daily swing down. 🐮🐮 breaking out from this resistance will increase price toward resistance zone between 0.5 and 0.618 fib levels that is the samw with descending trend line. 🐻 rejection from $1900 and break down ascending support will lead price toward support zone around $1600.
Long
by parissap
2