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Headandshouldersformation

Inverted Head and Shoulder on WTF and Cup and Handle on DTF - LTSome Knowledge about MY patterns here : 1) Cup and Handle : Appearance: Looks like a cup profile with the handle on the die right Reversal or consolidation: Short-term (up to 3 months) bullish consolidation Failure rate: 26% Failure rate if waited for a breakout: 10% Average rise 38%, with most likely rise between 10% and 20% Throwbacks 74% Percentage meeting and predicted price target: 49% using full formation height, 73% using half formation height Cups with a higher right lip perform better, 40% versus 35 % average gain.
NSE:LTLong
by Averoy_Apoorv_Analysis