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Cup And Handle

NEXT Cup & HandleHello again thank you for checking out my trade idea in next decade. We see a nice cup and handle base forming prepared to break out into a new high. I've set my stop loss just below 3 candles ago and my entry point to open my position 1 cent above a swing high. I will take off 25% of this position once I reach a one-to-one risk reward ratio and then move my stop loss up to my entry point. If the stock continues to rise, I will adjust my stop loss accordingly on a daily basis in a manner that will be triggered if the uptrend is broken. If we see slow movement up, I will move my stop loss up slower, if we see fast movement up, I will move my stop loss up quicker. Let me know if you have any questions or concerns or if you're interested in energy stocks like this at the moment since semiconductors seem to be and a little bit of a sell off right now.
NASDAQ:NEXTLong
by PappyTrading
2
LICHSGFINLICHSGFIN is currently trading around its all-time high (ATH) and presents an opportunity for a long trade with a promising risk-reward profile. The strategy involves entering a position at 4% above the ATH and employing a dynamic stop-loss approach to manage risk and maximize potential gains. Entry: Enter a long position at LICHSGFIN's ATH price + 4% (825.75) Initial Stop-Loss: Set an initial stop-loss at 20% below the entry price (660.60) or Weekly Swing Low Targets: First Target: 1,170.20 (Fibonacci 1.618 level) Second Target: 1,402.75 (Fibonacci 2 level) Third Target: 2,011.50 (Fibonacci 3 level) Position Sizing: Limit the trade size to ensure that no more than 5% of your capital is at risk. In case the stop-loss is triggered, the maximum capital loss will be limited to 1% The dynamic stop-loss adjustment after reaching the first target further protects capital and locks in profits. The position sizing ensures that you are not risking more than you can afford to lose. Disclaimer: This trading strategy is for informational purposes only and should not be construed as financial advice. Please conduct your own research and due diligence before making any trading decisions. Additional Notes: Consider using technical indicators and chart patterns to refine your entry and exit points. Monitor market conditions and adjust your strategy accordingly. Practice risk management techniques to protect your capital. Please let me know if you have any other questions.
NSE:LICHSGFINLong
by lalitcpanchal
2
S&P 500 Cup and HandleOn the above 4-day chart price action has corrected 10% from the 4600 summer high to find support on the Golden ratio. A remarkable moment now exists to have long exposure. Why? 1) RSI and price action resistance breakouts. 2) Support on 2022 resistance. What a signal! 3) The Cup and Handle pattern confirmation is textbook. The handle breakout follows strong buyer demand on the Golden ratio. This only happens in a technical bull market. 4) The sentiment, overwhelmingly bearish. The Put/Call ratio (2-week chart below) tells us dumb money is massively short. Retail traders have not been this bearish since the Covid correction of 2020. March 2020 was the buying opportunity of a lifetime. November 2023 will be the next date history records as an opportunity no one saw coming. Cough.. 5) The target is straight forward enough. The depth of the cup is taken from the bottom of the handle to measure the target. 5500 sometime in 2024. 6) Gold bugs, seriously? If this happens.. Is it possible price action corrects further? Sure. Is it probable? No. Ww Type: Trade (not investment, will explain why elsewhere) Risk: The farm and your neighbours farm. Timeframe for long: Remainder of year. Return: 30% Monthly Put/call ratio
SP:SPXLong
by without_worries
84
Mohit Industries - A buy on Dip candidateHello everyone , I am here with a new power pack stock with a cup n handle chart pattern breakout named MOHIT INDUSTRIES (NSE). technical view The stock has given a good Breakout in weekly as well as in monthly Time Frame with good intensity of volume. the stock have sky touch as the breakout is followed by an Extreme Bullish Chart Pattern i.e Cup N Handle. CUP N HANDLE EXPLAINATION Cup N Handle is a chart pattern which is mostly used for bullish road map of the stock. How it is formed - generally the stock have a huge fall from its high and the stock floats is a range for many years say 4 to 6 years or more, it forms a cup like structure and after that the stock explodes as there is an assumption that there might be the accumulation in the past 4 to 6 years when the cup was forming. Targets as per Cup N Handle -- The targets usually comes three times the target of cup. Elliot Wave View- - the stock is looking in its impulse wave (1-2-3-4-5) - In that impulse it might have entered the bigger wave 3rd - the minimum target as per wave 3rd is 1.618 of trendbased fib which is around 48 rs. - but as per cup n handle it can be extended and might give targets of 72 and 95 as well. conclusion the stock looks in its bullish phase, the stock can b lookout for upside mentioned targets with mentioned stop loss on chart itself. one can add at every dip also till stock is above Stop Loss line. Disclaimer I am not SEBI registered. consult your financial advisor before any kind of investment. All the studies and ideas posted here are for educational purpose.
NSE:MOHITINDLong
by KARANN_DINGRA
GULFOILLUBE Buy active above ATH / CUPGULFOILLUBE Buy active @ 1,144.00 and presents an opportunity for a long trade with a promising risk-reward profile. The strategy involves entering a position at 4% above the ATH and employing a dynamic stop-loss approach to manage risk and maximize potential gains. Buy active at GULFOILLUBE's ATH price + 4% (1,144.00) Initial Stop-Loss: Set an initial stop-loss at 20% below the entry price (915.20) or Weekly Swing Low Targets: First Target: 1,546.45 (Fibonacci 1.618 level) Second Target: 1,822.40 (Fibonacci 2 level) Third Target: 2,544.80 (Fibonacci 3 level) Position Sizing: Limit the trade size to ensure that no more than 5% of your capital is at risk. In case the stop-loss is triggered, the maximum capital loss will be limited to 1% The dynamic stop-loss adjustment after reaching the first target further protects capital and locks in profits. The position sizing ensures that you are not risking more than you can afford to lose. Disclaimer: This trading strategy is for informational purposes only and should not be construed as financial advice. Please conduct your own research and due diligence before making any trading decisions. Additional Notes: Consider using technical indicators and chart patterns to refine your entry and exit points. Monitor market conditions and adjust your strategy accordingly. Practice risk management techniques to protect your capital. Please let me know if you have any other questions.
NSE:GULFOILLUBLong
by lalitcpanchal
Bitcoin Analysis==>>Cup & Handle PatternBitcoin is moving near the upper line of the Falling Wedge Pattern . In terms of Classic Technical Analysis , it seems that Bitcoin has succeeded in forming a Cup & Handle Pattern . ( continued pattern ) After breaking the neckline, I expect Bitcoin to rise to at least the target I've specified on the chart. Note: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze (BTCUSDT), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
25
HUHTAMAKI : ATH / CUP BREAKOUTHUHTAMAKI is currently trading around its all-time high (ATH) and presents an opportunity for a long trade with a promising risk-reward profile. The strategy involves entering a position at 4% above the ATH and employing a dynamic stop-loss approach to manage risk and maximize potential gains. Entry: Enter a long position at NFL's ATH price + 4% (388.75) Initial Stop-Loss: Set an initial stop-loss at 20% below the entry price (311.00) or Weekly Swing Low Targets: First Target: 513.10 (Fibonacci 1.618 level) Second Target: 599.20 (Fibonacci 2 level) Third Target: 824.60 (Fibonacci 3 level) Position Sizing: Limit the trade size to ensure that no more than 5% of your capital is at risk. In case the stop-loss is triggered, the maximum capital loss will be limited to 1% The dynamic stop-loss adjustment after reaching the first target further protects capital and locks in profits. The position sizing ensures that you are not risking more than you can afford to lose. Disclaimer: This trading strategy is for informational purposes only and should not be construed as financial advice. Please conduct your own research and due diligence before making any trading decisions. Additional Notes: Consider using technical indicators and chart patterns to refine your entry and exit points. Monitor market conditions and adjust your strategy accordingly. Practice risk management techniques to protect your capital. Please let me know if you have any other questions.
NSE:HUHTAMAKILong
by lalitcpanchal
TKFEN - 18 months CUP & HANDLE══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support 🔎🔎🔎 ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" ═════════════════════════════ ⚠ DISCLAIMER ⚠ The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
BIST:TKFENLong
by TheArtOfCharting