Greetings, Traders!
Today, I present an illustrative example of the Cup and Handle Pattern Breakout in Bajel Products Limited, focusing on key considerations for a comprehensive analysis.
Stage - 1
Firstly, Time Frame:
Always conduct your chart analysis on a higher time frame. In this instance, we are utilizing the Daily Time Frame for a more strategic...
hello dear Traders,
Once again I have come up with another cup and handle pattern
this pattern is proving very beneficial for me during trading. i will cover the steps in this example of NATCO Pharma.
Step - 1 Pattern Recognition - Very easy pattern Cup and Handle. It is a technical chart pattern used in financial markets and easily recognizable on the...
Hello Falcon Traders
Once again i have come up with an example of Cup and Handle Pattern in making.
This will help you to spot the pattern clearly once its forming up.
The points to note are as enumerated below
first - Time Frame - Always analyze the chart on the higher time frame. in this case i am using Weekly Time Frame.
Secondly -Price Rise - ...
This chart pattern is shaped like and resembles like a cup and handle that's why its named the same as cup and handle chart pattern.
Shape:
A “U” shaped bottom is preferred over a “V” shaped bottom as it indicates more consolidation. Ideally, the highs on either side of the cup should be equal.
Duration of formation:
The cup can take anywhere from 1 to 6...
A Cup and Handle pattern is a bullish continuation pattern that resembles a teacup on a candle chart followed by a breakout. The cup part of the pattern is where the price gradually changes its direction from bearish to bullish. The handle part is when the price pullback slightly before roars higher and continues the previous trend. Cup and handle is used to...
Hey everyone,
I have just earned some good profits on $ETH from the Cup and Handle Pattern . I gave a private signal for the same when the pattern formed completely, posting the link to it at the end of the article. So, I have decided to teach cup and handle pattern to you all. This pattern usually takes 1 month to 1 year to form on the higher, so you need to...
What is a Cup and Handle pattern?
• The pattern resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift.
• This drop, or “handle” is meant to signal a buying opportunity. When this part of the price formation is over, the stock may reverse the course and reach new highs.
• It is a bullish continuation...
