The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The accuracy rate for cup and handle pattern for stock on Daily timeframe are 65% and 68% respectively.
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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.