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Trading "Cup and Handle" pattern is a two fold process. First a "Handle" can be traded as a
corrective pattern and secondly as a continuation pattern (of the prior trend) after a breakout
from the top of the "Cup." The handle part (right side) usually corrects about 25% to 38% (of
depth of the Cup) from the high pivot point to the bottom of the Cup. After the...
"Parabolic arc" is a reversal pattern and has a very predictable outcome. Although they are
predictable, they are relatively difficult to trade since the market sentiment is bullish and may
be relatively tough to point reversals to trade. Most "Parabolic arc" patterns have a significant
correction of 62% from the top.
Trade: After a parabolic base, prices move up...