2 year cup and handle formed. Although it completed last week, it hit resistance and some selling. Will there be a breakout?
A possible Cup and Handle Reversal on the AUDNZD Daily. Also forms a descending triangle as any cup/handle pattern should. 1) If it closes above the upper triangle trend with a strong bullish candle then a ling trade should be successful. 2) If it breaks out below point B at 1.08334 then the reversal should be on. Inverted Cup with Handle " You must wait for the...
My first Cup and Handle. Feel free to tell me what you think
1D chart showing a cup and handle forming. Once the handle is complete, this new ATH should line up with Ethereums realease of Metropolis on Sep25.
Cup & Handle forming...going to up big time in few days
First Solar has formed a cup & handle pattern with nice opportunity to go long now. If a long position is taken and the price goes up, profit should be taken at max. 50. There is a long-term resistance formed at around 50. With Trump's energy opinions, this clean energy solution will likely reverse at 50 to continue its long term bearish trend.
The cup appears more parabolic, but even so, it's trending upward without the cup & handle to possibly re-test $19. Note decline in volume during the handle formation.
Entered my trade at 0.00030 and my trading plan is 30%. Look for this coin to go long over the next few days!
For me it looks like VRC is forming a Cup - Handle pattern. Supporting Information: - Strong Support at 10330 sat - Increased volume
Over the past year and a half TDC has formed what looks like a double cup and handle, where the handle for the first cup&handle formation is the cup for the 2nd cup&handle. Supporting Information: - Formation began with a large gap down from $36.12 to $33.03 on 8/6/15 - A strong resistance/support line (currently support) at about $30.70, which also constitutes...
Some observations of weakness (i) overbought (ii) peaked squeeze indicator (iii) just recently tested a major resistance level and broke through
I suggest the chart is self-explanatory. If the pattern turns out to be a cup indeed, there should be a pull back to form some shape of a handle (often times as a falling flag/triangle), then the price would sharply break out the resistance of the recent high at the cup’s edge level and would head Northbound (or more precisely – North-East). Obviously, the exact...
We can see the reliable bullish chart pattern of the Teacup Saucer Bottom (aka Cup & Handle) provides a strong bias to the upside. The similar hammer candles indicate continuation to the upside, post retracement. A break above the saucer high with a confirming close above this price level for a few days, would demonstrate the probability of a move to test the...
and also look at volume and trendllnes
This looks like it could be a gigantic cup and handle forming for Coca Cola. The top from 1998 ($44) was recently hit again forming the cup. Right now some consolidation is happening and forming the handle. The handle looks kind of sloppy to my, but regardless, if this break up above $45 I see a %50 - %100 rise playing out .