HFCL: Cup with Handle pattern
Updated
A classic Cup w Handle pattern formation can take an entry with an SL. HFCL is at ATH and at LLR. POP Probability is looking good. Price trending above both long and short-term MA's. Please be mindful of your position sizing and have risk management in place.
“If you can’t take a small loss, sooner or later you will take the mother of all losses.” - Ed Seykota
Disclaimer: This idea has been posted strictly for educational purposes only and any investment shall be taken post proper due diligence and consultation of a certified Financial Advisor
“If you can’t take a small loss, sooner or later you will take the mother of all losses.” - Ed Seykota
Disclaimer: This idea has been posted strictly for educational purposes only and any investment shall be taken post proper due diligence and consultation of a certified Financial Advisor
Trade closed: stop reached
Hi,The Trade is void as the stop got hit as plotted on the chart.. will reconsider a position when the price is in the buy zone
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