Cup and Handle Pattern 4593 heliosTSE:4593 When Will This Pattern Work?
For a Bullish Breakout (Ideal Condition):
Volume Surge:
A significant increase in volume above the 180 JPY resistance confirms buyer interest and potential breakout.
OBV Reversal:
OBV should start making higher highs, signaling accumulation.
CCI Recovery Above 0:
Move above 0 confirms momentum shift toward bullish sentiment.
ROC Turns Positive:
Positive momentum supports sustained price growth.
CMF Above 0:
Inflow of money indicates institutional or smart money buying.
