I've never traded this pattern before, but I am long biased this pair, and to me this is as a clear of an example of a cup & handle you could ask for. I'll be trading long if price breaks the high. If anyone has an opinion about this patterns validity I'd love to hear it!
Here I see a possible short position on the EUR/USD currency pair. Price has made two attempts so far at this major resistance level (1.20810). Price bounced off of this level to the downside in September of last year, and has failed to close above it since. On a different charting platform where I am able to set the scale of my chart to 1x1, I set a Gann fan...