break out with cup and handle pattern buy buy buy buy buy buy
Clear Buy IOC @70 With Sl 65 Holding Period Should Be Big 5 EMA and 8 EMA Trading Strategy This is the simple strategy that uses 5 EMA and 8 EMA indicators. Best works in Trending Markets, and worst in non-trending markets. Here’s How this strategy works: If the faster EMA (5 EMA) crosses the slow EMA (8 EMA) to the upside then its sign of an uptrend. If 5...
The head and shoulders pattern forms when a stock's price rises to a peak and then declines back to the base of the prior up-move. Then, the price rises above the previous peak to form the "head" and then declines back to the original base. Finally, the stock price peaks again at about the level of the first peak of the formation before falling back down. The...
cup handle pattern Conclusion. The cup and handle pattern was made popular by William O'Neil, which now has expanded into all sorts of trading scenarios. Traders have come to know the cup and handle as a bullish continuation pattern that is a highly accurate predictor of sizable breakouts.