Cup And Handle
MUNJALAU NSE RBC&H BO WTF/MTF SWING/POSITIONALMUNJALAU STOCK Analysis
TRADE PLAN
ENTRY -118- 133 50% Qty, Add 50% qty 147 DTF Close
SL -107
TARGET --01-154 Swing , TGT02--178
Hold For a 1-2 Year or TGT 2
Chart Pattern :
STOCK had a formed a 6Y6M RBC and Handle of 8M.
INDICATORS EMA :
The Price is consistently Trading above 50EMA 4-5 Months on DTF, and 200 EMA to 21EMA are aligned in DTF/WTF .
FIBO/E :
Currently the price is above 23.6% FIBO Retracement Level, Early Entry can be take as per your risk ability. Safe Traders Enter above 147.
Volumes: There is a uptrend in Volume on the Weekly Charts for recent 3 Weeks and after the Pullback.
Keep in your Priority Watch List
Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk apetite (Exit when price closes 7to8% below your Entry).
Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended.
MTFA- Multiple Time Frame Analysis
DTF -Daily Time Frame
WTF-Weekly Time Frame
MTF- Monthly Time Frame
ATH-All Time High
LTH -LifeTime High
RBC&H-Rounding Bottom Cup/Handle
BO- Breakout Close
EMA -Exponential Moving Average
FIBO R/E -Trend based Fibonacci Retracement/Extension
SL Stop Loss
TBD- To be Decided
CHoCH- Change of Character Bullish/Bearish
MSB/BOS -Break Out Structure
FVG Fair Value Gap
20VMA -20Volume Moving Average
SWING/POSITIONAL Trade
PAGEIND NSE RBC BO 1Y 2W Positional, Trend Line BO SwingSTOCK Analysis
PAGEIND RBC BO
TRADE PLAN
ENTRY -42400
SL -42100
TARGET --01-42900 Swing , TGT01--45500 TGT2-49700
Hold For a Year or TGT 2
Chart Pattern :
STOCK has recently broken out of Bearish Subtrend after hitting a LTH, Now its close to Forming a 1Y-2W RBC on the DTF/WTF. Targets for Swing and Positional Marked on chart
INDICATORS EMA :
The Price is Currently Trading above 20EMA, and 20EM crossed above 50EMA in June in DTF. STOCK EMAs are currently aligned in a ascending order 200 to 20 indicating a bullish Trend on DTF/WTF.
FIBO E :
NA
Volumes: Not Very Significant currently
Keep in your Priority Watch List
Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk apetite (Exit when price closes 7to8% below your Entry).
Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended.
MTFA- Multiple Time Frame Analysis
DTF -Daily Time Frame
WTF-Weekly Time Frame
MTF- Monthly Time Frame
ATH-All Time High
LTH -LifeTime High
RBC&H-Rounding Bottom Cup/Handle
BO- Breakout Close
EMA -Exponential Moving Average
FIBO R/E -Trend based Fibonacci Retracement/Extension
SL Stop Loss
TBD- To be Decided
CHoCH- Change of Character Bullish/Bearish
MSB/BOS -Break Out Structure
FVG Fair Value Gap
20VMA -20Volume Moving Average
SWING/POSITIONAL Trade
VEDL NSE ATH RBC Y14-5M BO WTF/MTF PositionalVEDL Analysis
TRADE PLAN
ENTRY -521
SL -475
TARGET --01-600 , TGT02-780
Hold For a Year or TGT 2
Chart Pattern :
STOCK has recently broken its Long Term 14Y 5M ATH of 495 forming a 12Y-1M RBC on the WTF/MTF. The Stock is Consolidating for 2+Quarters now and Broken the 495 Strong Resistance Level.
VEDL has crossed a medium term 2Y1M RBC Currently in a consolidation phase
INDICATORS EMA :
The Price is Currently Trading above 20EMA, and in Aug 2nd week 20EM crossed closed near 50EMA in DTF. STOCK EMAs are currently aligned in a ascending order pointing upwards 200 to 20 indicating a bullish Trend on all MTF too.
FIBO E :
After the Bounce-back from 38% FIBO Retracement Level in WTF, Price is currently trading above the previous Impulse uptrend with ChoCH at 340 on WTF
Volumes: There is a contestant Volume buying above the 20EMA average for 7-8 months
Keep in your Priority Watch List
Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk apetite (Exit when price closes 7to8% below your Entry).
Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended.
MTFA- Multiple Time Frame Analysis
DTF -Daily Time Frame
WTF-Weekly Time Frame
MTF- Monthly Time Frame
ATH-All Time High
RBC&H-Rounding Bottom Cup/Handle
BO- Breakout Close
EMA -Exponential Moving Average
FIBO R/E -Trend based Fibonacci Retracement/Extension
SL Stop Loss
TBD- To be Decided
CHoCH- Change of Character Bullish/Bearish
MSB/BOS -Break Out Structure
FVG Fair Value Gap
SWING/POSITIONAL Trade
TATASTEEL:NSE BULLISHFlagBO ATHRBC2Y-7M onDTF/WTF/MTF PositionalTATA STEEL Technical Analysis
Chart Pattern :
TATA STEEL has recently broken its ATH of 159 forming a 2Y-7M RBC on the DTF/WTF. Currently on a Pullback to form a Handle. The Handle Bullish Flag has also been broken on WTF. ENTRY on BO of WTF High 1st Week Oct24.
INDICATORS EMA :
The Price is Currently Trading above 9/20EMA, and 20EM crossed above 50EMA recently in DTF. STOCK EMAs are currently aligned in a ascending order 200 to 20 indicating a bullish Trend on DTF/WTF.
FIBO E :
After the Bounc-back from 50% FIBO Retracement Level since a week, Price is currently trading near the 23.6% FIBO Retracement level of 168 on DTF with Impulse uptrend and ChoCH indicated at 155 on DTF
Volumes: There is a uptrend in Volume on the Weekly Charts for2 Weeks after the 12 weeks Pullback.
TRADE PLAN
ENTRY -157 or Previous WTF High BO High Price
SL -141 or Monthly Low Close Price
TARGET 01-184 (17%), TGT02-222 (41%)
Hold For a Year or TGT 2
Keep in your Priority Watch List
Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity recommended, Add in Tranches of 25%-50% as prices moves upwards
MTFA- Multiple Time Frame Analysis
DTF -Daily Time Frame
WTF-Weekly Time Frame
MTF- Monthly Time Frame
ATH-All Time High
RBC&H-Rounding Bottom Cup/Handle
BO- Breakout Close
EMA -Exponential Moving Average
FIBO R/E -Trend based Fibonacci Retracement/Extension
SL Stop Loss
TBD- To be Decided
CHoCH- Change of Character Bullish/Bearish
BOS -Break Out Structure
SWING/POSITIONAL Trade
C&H formation BSE c&H formation
Cup and Handle Pattern Overview
1. Cup Formation:
A rounded bottom resembling a "U" shape.
Indicates a period of consolidation followed by a recovery.
2. Handle Formation:
A short-term consolidation or pullback resembling a downward-sloping flag or channel.
Prepares for the breakout.
3. Breakout:
Occurs when the price breaks above the resistance level formed at the top of the cup.
Typically followed by high volume.
Key Components to Look For
1. Cup Depth: The cup should not be excessively deep; a shallow retracement is ideal.
2. Handle Length: The handle should not retrace more than 50% of the cup's height.
3. Volume: Decreasing volume during the handle phase, followed by a spike on breakout.
4. Timeframe: Typically observed on daily or weekly charts.
Example Analysis
1. Stock: Let’s take TCS as an example (or any BSE stock).
2. Timeframe: Daily chart.
3. Steps:
Identify a rounded consolidation phase forming the "Cup."
Look for a small retracement (forming the "Handle") near the cup's resistance.
Watch for breakout with volume above the resistance line.
Targets and Stop-Loss
Target: Measure the height of the cup (from the bottom to resistance) and add it to the breakout point.
Stop-Loss: Place it slightly below the handle's lowest point.
ONDO, one of my favorites for 2025ONDO is quickly becoming one of my favorite tokens to add for 2025, the full run. I have two baskets of alts, tokens I plan to sell before May 2025, and tokens I plan to see how they play out for leg two of next year. Do remember May and the summer tend to be awfully boring and there will be lots of boringness and capitulation. I believe we see 2$ or close to by the first week of Jan. Higher targets time will tell, I will update this one as time goes on, the cup and handle is playing out.
#ETH #ETHEREUM NEW ATH TARGETSConsidering the formation of the Cup and Handle pattern as well as the Elliott wave count, we can expect the formation of an extended wave 5. Therefore, the possible targets for the end of the Ethereum uptrend, which is formed based on the time analysis until September 2025, can be as follows:
TARGET1: 6660
TARGET2: 10500
TARGET3: 18500 (ABOUT 20000$)
Two Bullish Patterns Hint at Major Rally for DogecoinIn the 2-hour time frame, as you can see, there are two bullish patterns. The first one is a triangle, and the second one is a cup and handle. If either of these patterns breaks, the price of Dogecoin can reach around 50 cents.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
SALESFORCE $CRM - 5/17 - THE STOCK GAUNTLET CONTINUES! ⚔️🛡️ THE STOCK GAUNTLET CONTINUES! ⚔️🛡️
STOCK/ TRADE SETUP UPDATE: 5/17
5⃣ NYSE:CRM - SALESFORCE
Video Analysis:
Show some love by: ❤️
LIKING l FOLLOWING l SHARING
Hit the🔔as well to be notified when each video drops
NFA #tradingstrategy #HIGHFIVESETUP
NYSE:CRM
The moment of Truth. Analyzing the BTC/USD Weekly Chart: A Cup and Handle Breakout
Understanding the Cup and Handle Pattern:
A cup and handle pattern is a technical analysis chart formation that often signals a bullish reversal. It's characterized by a "U"-shaped base (the cup) and a subsequent consolidation period (the handle) before a breakout.
Bullish Implications:
If a cup and handle pattern is confirmed on the BTC/USD weekly chart, it could indeed be a bullish signal. A breakout above the handle's resistance level can suggest a resumption of the uptrend and a potential target of $120,000 or higher.
Key Factors to Consider:
Confirmation: Ensure the pattern is well-formed, with a clear cup and handle shape. A breakout above the handle's resistance should be accompanied by increased volume for stronger confirmation.
Market Sentiment: While the technical pattern is bullish, it's essential to consider the broader market sentiment. If the overall cryptocurrency market is bearish, the breakout might be short-lived.
Fundamental Analysis: Evaluate fundamental factors that could impact Bitcoin's price, such as regulatory developments, institutional adoption, and economic conditions.
Risk Management: Remember, technical analysis is not foolproof. Set appropriate stop-loss orders to manage your risk in case the breakout fails.
7 Best Chart Patterns For Trading Forex and Gold
If you are studying chart parts, I prepared for you the list of 7 price action patterns you should never miss.
In this article, I will share with you powerful chart patterns for trading forex or any other financial market.
These patters work perfectly for day trading, swing trading and scalping.
We will study real market examples. I will explain the psychology and meaning of each pattern and explain to you how to trade them.
The first chart pattern that we will discuss is double top.
The pattern is formed on the edge of a bullish impulse.
It is based on 2 equal highs and a higher low between them.
A higher low composes a minor support.
A strong bearish signal is a breakout of a neckline and a candle close below that. Entry is on its retest. Stop loss is above the highs.
Target is the closest strong support.
The bullish version of a double top pattern is called double bottom
The pattern is formed on the edge of a bearish impulse.
It is based on 2 equal lows and a lower high between them.
A lower high composes a minor resistance.
A strong bullish signal is a breakout of a neckline and a candle close above that. Entry is on its retest. Stop loss is below the lows.
Target is the closest strong resistance.
The second powerful pattern is a descending triangle formation.
The pattern is formed on the edge of a bullish impulse.
It is based on at least 2 equal lows and 3 lower highs between them.
A falling trend line should respect the lower highs.
A strong bearish signal is a breakout of a neckline and a candle close below that. Entry is on its retest. Stop loss is above the highest high.
Target is the closest strong support.
A bullish variation of a triangle pattern is called an ascending triangle.
The pattern is formed on the edge of a bearish impulse.
It is based on at least 2 equal highs and 3 higher lows between them.
A rising trend line should respect the higher lows.
A strong bullish signal is a breakout of a neckline and a candle close above that. Entry is on its retest. Stop loss is below the lowest low.
Target is the closest strong resistance.
Chart pattern number 5 - Cup & Handle pattern.
Cup & handle pattern is the variation of a double bottom.
The only difference between 2 patterns is 1 lower low and a consequent higher low, instead of 2 equal lows.
Entry trigger and trade execution rules are absolutely the same as with a double bottom.
Stop loss is strictly below the lower low.
A bearish version of a cup & handle is called an inverted cup & handle.
Inverted cup & handle pattern is the variation of a double top.
The only difference between 2 patterns is 1 higher high and a consequent lower high, instead of 2 equal highs.
Entry trigger and trade execution rules are absolutely the same as with a double top.
Stop loss is strictly above the higher high.
The last and the most powerful chart pattern is the range .
Range is a strictly horizontal parallel channel where the price sets equal highs and equal lows, respecting the support and the resistance of the range.
This chart pattern signifies that the market found equilibrium, a fair value.
A strong bullish signal is a breakout of a resistance of the range and a candle close above that.
Target will be the next strong resistance, stop loss should lie below the lows of the range.
A strong bearish signal is a breakout of a support of the range and a candle close below that.
Target will be the next strong support, stop loss should lie above the highs of the range.
Of course, there are more patterns to study but these 7 are essential .
Your ability to recognize them is the key for accurate price action trading.
Learn to spot these patterns and good luck in your trading..
Let me know which patterns do you want to study in the next article.
❤️Please, support my work with like, thank you!❤️