A good C & H is formed with sufficient consolidation of price followed by a classic Price-Volume action.
The price target should be equal to the depth of the cup; above the lip of the cup.
The price target should be equal to the depth of the cup; above the lip of the cup.
Trade active:
Active trade .
SL - 145 on WCB
Breakout from the C&H with good Volume.
good chance of trade to succeed.
SL - 145 on WCB
Breakout from the C&H with good Volume.
good chance of trade to succeed.