GBPNZD, Cup and Handle Formation
Trade plan 1
Cup and Handle Pattern
After cup completion, handle in progress
Short sell trade on bearish channel of handle
Short @ CMP
68% retracement completed
Target at Channel Bottom
Stoploss on channel break
Trade Plan 2
Wait for completion of handle
After break of bearish channel, take entry
Ride Long position
1:5 risk to reward can be targets
Cup and Handle Pattern
After cup completion, handle in progress
Short sell trade on bearish channel of handle
Short @ CMP
68% retracement completed
Target at Channel Bottom
Stoploss on channel break
Trade Plan 2
Wait for completion of handle
After break of bearish channel, take entry
Ride Long position
1:5 risk to reward can be targets
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.