NeeteshJain

Mcleod Russel - Cup N Handle Measurement (Educational Example)

BSE:MCLEODRUSS   MCLEOD RUSSEL INDIA LTD.
It is been observed on the Hourly Chart that the price action forms a U shape Cup and a channel shape "Handle" in order to complete the a cup-handle pattern. Measurement is the interesting part of it as it is been respected accurately.

I hope it adds value to your trading experience.

Regards
Isn't it similar to Head n Shoulders pattern ?
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@Param6300, They both reveal patterns but works differently. Regards
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Pls suggest - how to trade...?
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NeeteshJain yashesh200098
@yashesh200098, Kindly follow the below educational link in order to learn to trade.



Regards
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