Pattern: Cup & Handle BO EMA's : EMA 10 > EMA 21 > EMA 50 > EMA 150 > EMA 200. Flag: Price breaking out from 4 Week C&H Pattern. Pole: Price Up by 20 % before forming C&H pattern.
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TraderRahulPal
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perfect analysis,, thankyou for sharing
MACD9
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Good analysis
anilredekar1
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thanks for the analysis
elakkuman31
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thanks for your information
deepvj1863
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thank you for sharing this>
Munish_Jain
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good one
GopinathBaskar
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But be careful there could be a chance it can become double top
viswanathreddykurla
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@GopinathBaskar The price action in this case is nowhere near the price action that would happen in Double top. In this case, price formed 2 contractions with Lower highs and higher lows after good upmove which can be termed as C&H / VCP pattern. And there was a breakout of the latest contraction with high volume, which was a clean setup for long trade.
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