Cup with handle
Cup with handle
As the name suggests, the pattern of the cup with handle consists of two parts: the cup (cup) and the handle (handle).
The cup is created after a period of rising and it might seem a correction from the bottom "round." Once the designer has completed the cup shape, on the right you create a trading range - the handle.
Generally, the cup with handle pattern is evident in the graphs to monthly or daily basis and the breakout of the handle indicates the continuation of the trend.
As the name suggests, the pattern of the cup with handle consists of two parts: the cup (cup) and the handle (handle).
The cup is created after a period of rising and it might seem a correction from the bottom "round." Once the designer has completed the cup shape, on the right you create a trading range - the handle.
Generally, the cup with handle pattern is evident in the graphs to monthly or daily basis and the breakout of the handle indicates the continuation of the trend.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.