CUP
AUDNZD Bullish Inverted Cup/HandleA 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 breakout with this pattern before trading. Too many patterns.....had prices moving upward instead of downward, especially in a Bear market. A breakout is a close below point B, the lowest low on the right rim. "
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Encyclopedia of Chart Patterns - Thomas N. Bulkowski - Second Edition 2005
future cup and handle to bring the price back up based on previous pump, weekly, daily, 3h, and 1h RSI and Stoch RSI. bitcoin will begin the last leg of the markt cycle (on weekly graph) and break highest high after the cup and handle.
ETH/USD 1D Cup and Rocket1D 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.
AUDUSD 3 Setups Wedge in 5 - 30 min chart seems to be just breaking out
Cup pattern (4h chart clearer picture)
Channel consolidation breakout
XAGUSD | 54 min | silver cupLooks like to be a nice C&H formation about to pop higher for |silver| !
Cheers,
Keops
Cup and Handle Formation? Looks like a bullish pattern is beginning to form! Just need that handle! :D
NZDUSD CupJust retested the 100 EMA in D chart ( bottom of pattern ), broke out, but still lookingfor entry. I assume there will be more consolidation in lower time frames and or a retest of ine of the lower chart 100 EMAs. Maybe after the news today.
Potential cup & handle formation If a cup & handle happens my initial plan will change.
Hopefully we don't break trend and fall back to the ground.
PAYDAY PAY :)
BCC is going goodCup & handle breakout. Good build before taking of.
Lets see if we can break resistance and reach 103.
EURCHF CupCup Pattern forming.
Waiting for breakout and retest ( no retest=trend continuation ) or a handle and breakout.
Bitcoin (BTC) continuationBitcoin seems close to completing a cup & handle pattern.
We're looking for a break up from the handle at 2775, after which the price should make a strong move upwards. This move takes us across a major resistance level ($3000 usd which is also ATH), so inital target is $3000 with a potential of $3125.
See patternsite for a detailed analysis of this trading pattern
Happy trading!
EURCHF Cup Not a very clean cup, but price is above all 100 EMAs and has resetested multiple EMAs with a momentum push upward.
