Cup And Handle
MUTHOOT FINANCE C&H BREAKOUT WCBMuthoot finance breaking c&h pattern
weekly basis good volume and rsi
macd crossover
#target 1880 after breaking 1720 only
EDUCATIONAL IDEA
Keep an Eye on JTO! 🌟potential opportunities.💎 Paradisers, #JTO is demonstrating signs of strength with CHoCH and BOS indicating a bullish market structure, coupled with the formation of a cup & handle pattern, which enhances the likelihood of a bullish breakout.
💎If #JTOUSDT successfully confirms a breakout above the resistance zone, it could pave the way for a bullish rally towards the next resistance level.
💎In the event of a pullback, potential bounce areas include the Bullish Order Block (OB) or demand zone. However, it's essential to note that the probability of a bounce may be relatively low, so it's advisable to set small targets in such cases.
💎Should the price break below the demand zone, it may signal a bearish. However, given the current market dynamics, it might be prudent to temporarily disregard this scenario and wait for clearer price action to develop before reassessing the situation.
💎Stay vigilant and monitor #JTO's price movements closely for potential trading opportunities.
Get Ready for BLZ! 🚀 Bullish Breakout Alert!💎 Paradisers, #BLZ has recently broken out of a trendline and formed a cup & handle pattern, accompanied by CHoCH and BOS, indicating a bullish market structure.
💎If #BLZUSDT manages to break above the resistance level, it would confirm the cup & handle pattern, potentially leading to a bullish move.
💎In the event of a pullback, we may anticipate a bounce from the demand level, although the probability of this scenario is relatively low, so caution is advised.
💎However, if the price breaks down below the demand level, it can be considered bearish. In such cases, it's advisable to refrain from immediate action and wait for clearer price action to emerge.
💎If you're new to technical analysis and feeling uncertain, don't hesitate to reach out via DM or comment below. I'm here to provide guidance and support.
Dalmia bharat- A cement stock to watch out for!Dalmia bharat is a strong company with good fundamentals which is available at strong support.
Levels are mentioned on chart.
Good stock from investment perspective as well.
MUTHOOTFIN - Weekly AnalysisIn the Weekly Chart of MUTHOOTFIN ,
we can see that, it is near Cup & Handle breakout.
Expected momentum is shown in chart.
Keep an Eye on AAVE! 🚀 Bullish Cup and Handle Breakout Await! 💎 Paradisers, #AAVE has recently broken out of a cup and handle pattern, and we are currently awaiting confirmation of this breakout through a retest.
💎If #AAVEUSDT manages to surpass the previous high from where the price retraced below the cup and handle pattern, this would signal that the bulls are in control, and we can anticipate a bullish move.
💎In the event of a pullback, we can anticipate a bounce from the bullish order block (OB) due to the bullish market structure and supportive trendline.
💎However, if the price breaks down below the bullish OB level, it could be interpreted as a bearish scenario. Nevertheless, it may be prudent to wait for clearer price action before making any trading decisions.
💎If you're new to technical analysis and finding it confusing, feel free to reach out via DM or comment below. I'm here to assist you in navigating through it.
HDFC Life: Retest of H&S PatternClassical BO failure example. The stock broke out a inverted H&S pattern and now coming to retest the same pattern BO levels.
Retracing to a round level of 600 which will be the exit levels for BO buyers.
Good for long term here. It MAY bounce back from this level.
Entry: 580-595
SL: 500
Target: 740
Disclaimer: Not a buy or sell recommendation. Please consult your financial adviser before investing.
All time high with cup and handle pattern breakoutVolume on daily and weekly timeframe are significant good enough.
Broken all time high with good volume, also breaking cup and handle pattern.
Good option for F&O if breaks the current candle high.
NOTE: I do my analysis, do your before trade.
LT - Breaking out C&HLooks good on the verge of Breakout from the daily Cup and Handle above 3734
Targets 4027 and 4249
SL 3660
L&T FORMING CUP AND HANDLE , 4000 COMING SOONThe stock has formed a cup and handle pattern on the daily timeframe it can rally till THE 4000 levels in the coming days
UNION BANK READY TO FLY AND BECOME 3XThe stock has been forming a rounding bottom pattern and this similar pattern was witnessed in BSE as well which turned out to be pretty rewarding . the fundamentals of the stock are pretty progressive and growing , both the technicals and the fundamentals are supporting each other.
6 year old successful breakoutDaily time frame volume buildup is good enough.
Forming cup and handle continuation pattern.
2018 high breakout successful but wait for retest for conformation.
Note: I do my analysis, do yours before trade.
BASF India--C&H PatternSymbol:BASF India
Chart Pattern:Cup and Handle
Time Frame: Daily
Disclosure:
Chart display only for educational purpose.
No buy or sell reco.
i am not sebi reg Research Analyst.
All time high breakout RETESTDaily and weekly time frame volumes looks good enough.
All time high trend line retest successful.
Taking support from 200ema in daily time frame.
Note: i do my analysis, do your before trade.
SNX: Keep an Eye on Breakout Levels🚀💎Paradisers, #SNX has recently displayed CHoCH and BOS, indicating a bullish market structure, and formed a cup and handle pattern, suggesting a potential bullish reversal.
💎If #SNXUSDT manages to break above the resistant level, it could signify further upward movement, with potential targets towards the next swing resistant levels.
💎In the event of a pullback, we can anticipate a bounce from the bullish OB, especially if accompanied by bullish candlestick patterns in this area.
💎However, if the price breaks down below this area, technically signaling a bearish scenario, it would be prudent to ignore it, considering the prevailing bullish sentiment in the market.
Bitcoin forming a Cup and Handle pattern?
Bitcoin is currently trading around $66000, up about 3% in 24 hour time frame. But since it dipped around 17% from it's all time high, the SOPR ratio suggests the profit booking is not yet over. BTC is still showing bearish accumulation. Predicting its path to a new all-time high is challenging, But when we surf through the weekly time frame, there's potential for a 'cup and handle' pattern to form, indicating a correction to $51,500 (probably a post halving dip) before a surge to $100,000. An Altseason can also happen during this time. Let us wait and see!
GNFCCurrently from CUP & HANDLE Pattern . it will possible chance to price will move upside form after breaking of trendline.
targets will be Resistances are marked as red horizontal lines.
previous swing low is Stop loss
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
INDIAGLYCOHi,
Price taking support on trendline. Price making swing higher highs. it will possible chance to price will move upside form current support zone .price cross 200 EMA and now taking support 200 EMA
targets will be Resistances are marked as red horizontal lines.
previous swing low is Stop loss
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
IOC taking support at previous resistance levelApart from BPCL, IOC is also given a multiyear breakout and has taken support at the same level and formed a kind of hammer candlestick pattern in the weekly timeframe.
Breakout successful in such a confusing marketDaily and weekly volume buildup is significantly good enough.
Retest done on the trend line.
Note: I do my analysis, do your before trade.
