Bluestar Ltd: Cup & Handle Breakout Setup
Pattern: Cup & Handle Formation
Timeframe: Daily
Entry Level: Above 2160
Stoploss: 1970
Positional View: A breakout above 2160 could trigger a strong upward move. The Cup & Handle pattern indicates bullish sentiment, and this setup has the potential for a good positional trade.
Note: Wait for a decisive close above 2160 before entering the trade.
Timeframe: Daily
Entry Level: Above 2160
Stoploss: 1970
Positional View: A breakout above 2160 could trigger a strong upward move. The Cup & Handle pattern indicates bullish sentiment, and this setup has the potential for a good positional trade.
Note: Wait for a decisive close above 2160 before entering the trade.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.