Cup And Handle
TATA STEEL MAKING A PERFECT CUP AND HANDLEThe stock has consolidated in a very long range from may 21 . 124 is a crucial resistance for it and has touched upon it for the 7th time . also the stock has followed a proper range bound trend earlier which arouses quite optimism about the stock. if the resistance is broken the immediate return could be of 15 % for short term
Motherson - Cup & Handle and Flag & PoleMotherson has made a cup and handle breakout and a flag and pole pattern. We have a breakout and we can expect price to move to 145. The beauty is if you see the target price - whether by way of cup and handle breakout or flag & pole pattern - we have same target.
Other factors:
1. RSI is above 60
2. MACD is positive
3. Volume is increasing, see breakout volume candle
"Clean Charts, Easy Charts"
Learning & Earning!!!
Cheers!!
Micron Technology Inc | C&H / Trend lineNASDAQ:MU (Micron Technology Inc)
Engages in the provision of innovative memory and storage solutions.
It operates through the following segments: Compute and Networking Business Unit (CNBU), Mobile Business Unit (MBU), Embedded Business Unit (EBU), and Storage Business Unit (SBU).
Andhra Petro - Cup & Handle - Fibonacci ToolAndhra Petro is making a cup and handle pattern. A breakout will take the price to 186 as the first target. Other factors:
1. Using the Fibonacci tool, we can see the price has crossed its 50% resistance. Ideally, once price again moves above 38.2% is considered to be an entry point. However, given other factors, an entry can be made.
2. Volumes has increased considerably
3. RSI is above 60 showing bullish momentum
4. MACD is becoming positive
"Clean Charts, Easy Charts"
Learning & Earning!!!
Cheers!!
6 Year High Breakout Good Volume buildup in daily and weekly timeframe.
Price is making cup and handle pattern in daily, weekly and monthly timeframe.
Cup and handle pattern breakout with good volume wait for retest on the ATH trendline for conformation.
NOTE: I do my analysis, do your before trade.
KNCUSDT: Will Resistance Break Confirm Bullish Pattern?💎 Paradisers, #KNCUSDT has broken out of a resistive trendline and, after taking the liquidity, has formed a cup and handle pattern, enhancing the probability of a bullish move.
💎 If #KNC breaks and closes a candle above the resistance zone, it will validate the cup and handle pattern, and we can then expect a bullish move.
💎 In the case of a pullback, we can anticipate a bounce from the demand level, but for confirmation, we need an Internal Change of Character (i-CHoCH) towards the bullish market structure from this point.
💎 However, if a candle closes below the demand level, it will invalidate the pattern. In this case, it would be better to wait for more favorable price action to develop.
MyCryptoParadise
iFeel the success🌴
CHOLAFIN (DAILY) CHOLAFIN (DAILY CHART)
CMP 1337
Currently at potential breakout zone
trying 5th time to break resistance and all time high zone
Cup and Handle formation
Once breakout and sustain above previous ATH can touch 1600 mark
Disclaimer : No Buy sell recommendation for educational purpose only
TONUSDT's Bullish Structure: Ready to Overcome Resistance?💎 Paradisers, #TONUSDT has formed a cup and handle pattern and is demonstrating a proper bullish market structure, which increases the likelihood of a bullish move.
💎 If #TON breaks and closes a candle above the resistance zone, it will validate the cup and handle pattern, and we can then expect a potential bullish move.
💎 In the case of a pullback, we can anticipate a bounce from the bullish Order Block (OB) and supportive trendline, but remember that we need an Internal Change of Character (I-CHoCH) in lower timeframes for confirmation.
💎 However, if the price breaks down and closes a candle below the bullish OB and supportive trendline, it will invalidate our pattern. In this case, it would be better to wait for more favorable price action to develop.
MyCryptoParadise
iFeel the success🌴
BNBUSDT's Cup & Handle: Ready for a Bullish Surge?💎 Paradisers, #BNBUSDT has formed a cup and handle pattern, increasing the likelihood of a bullish move.
💎 If #BNB closes a candle above the resistance zone, it will validate the pattern, and we can then expect a bullish move.
💎 In the case of a pullback, we can anticipate a bounce from the demand level, but we need an Internal Change of Character (I-CHoCH) towards the bullish market structure for confirmation.
💎 However, if there is a breakdown and a candle closes below the demand level, it will invalidate our entire bullish idea. In that case, it would be better to disregard this setup and wait for more favorable price action to develop.
MyCryptoParadise
iFeel the success🌴