ICICI bank - Cup & Handle bo
Cup & Handle breakout
1) Strong trending move
2) shallow pullback after a big move, progressively weakening sellers on next wave of selling
3) Quick shakeout within the handle and price moving back up quickly
4) RS consolidating at all time high while price fluctuates in narrow range
this is a weekly tf structure and will play out over next 8-12 weeks
1) Strong trending move
2) shallow pullback after a big move, progressively weakening sellers on next wave of selling
3) Quick shakeout within the handle and price moving back up quickly
4) RS consolidating at all time high while price fluctuates in narrow range
this is a weekly tf structure and will play out over next 8-12 weeks
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Related publications
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.