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Cup And Handle

BTC | W-BOTTOM Pattern Continuation - UPDATEA quick continuation on yesterday's BTC update, with regards to the bullish W bottom pattern that likely takes us into the new ATH. There are a few conditions that need to be met in order to "secure" the W pattern, but we're currently not seeing these conditions met. The good news, is that it's beginning to look more like a cup an handle pattern, also a bullish pattern. This daily lose and especially the weekly close is going to be a KEY candle close to watch. ___________________ BINANCE:BTCUSDT
Long
by CryptoCheck-
2
SCHW's Weekly Pour: A Cup, a Handle, and a Bullish Refill?Been tracking SCHW, and this chart is shaping up to be something big—potentially a breakout from a range that’s been developing since early 2022. Price is pressing up against key resistance around $95-$100, and a clean break above this level could confirm a multi-year breakout, opening up the possibility of a much larger trend move. With Fibonacci extensions lining up at $150 and $200, this could be one of those slow-burn setups that eventually pays off in a big way. Let’s break it down. Fibonacci Extensions and Multi-Year Price Targets The way this chart is structured, $95-$100 is the final boss. If price convincingly clears that level, it breaks a massive range that’s been in place for over two years. If that happens, $150 (the 161.8% Fib extension) and $200 (the 261.8% extension) are the next major upside targets. These aren’t short-term price points—this is the kind of move that could play out over multiple years. But historically, when a stock coils for this long and then breaks out, the measured move potential is huge. Moving Averages and Long-Term Trend Shift Right now, we’ve got price trading above both the 50-week and 200-week moving averages, signaling that momentum has already started to shift. The 50-week MA is curling upwards, and if we see it hold above the 200-week, that would mark a long-term trend shift that typically aligns with sustained upside moves. Mapping Out the Breakout Scenarios If we do get a breakout, here’s how I see it playing out: 1️⃣ Break Above $100 → Multi-Year Uptrend Begins – A confirmed break and hold above $100 shifts the entire structure bullish, setting up an eventual run to $150 and possibly $200 over the next couple of years. This would be the full resolution of the pattern that has been developing since early 2022. 2️⃣ Rejection at $95-$100 → Pullback Before Breakout – If price gets stuffed at resistance, we could see a pullback to the $75-$80 zone before another breakout attempt later in 2025. This would act as a final shakeout before the bigger move. ---------------------------------------------------------- All eyes on $95-$100. That’s the level that determines whether this just grinds sideways for another year or finally starts a major new uptrend. If it breaks, we’ve got a clear roadmap to $150 and $200 in the coming years. Curious if anyone else is watching this. Are we about to see the start of something big, or is there one more fakeout before the real move? Not financial advice. Just charting things out. Let’s see what happens.
NYSE:SCHWLong
by seaphoss
AI Electricity demand powering up #NRG to $253NRG Energy, Inc. (NYSE:NRG) is a prominent energy and home services provider operating across the United States and Canada. The company is strategically positioning itself as a significant player in the AI sector, driven by its production and distribution of electricity, which is crucial for meeting the energy demands of both businesses and consumers in the AI realm. Remarkably, North America has experienced a spike in electricity demand for the first time in almost forty years. Larry Coben, the CEO of NRG, highlighted that the trends in electrification, along with the expected rise of generative AI data centers, indicate a substantial increase in power requirements. He noted that these trends are paving the way for the company to reach its goal of achieving 15% to 20% growth in free cash flow.
NYSE:NRGLong
by BallaJi
GBP/CHF Breakout Riding the Bullish Wave of the Cup and HandleThe chart for GBP/CHF on the 2-hour timeframe highlights a classic cup-and-handle pattern, a well-recognized bullish continuation setup. The rounded bottom of the cup indicates a period of accumulation, while the subsequent handle reflects a minor retracement and consolidation phase. This pattern suggests a strong potential for upward momentum as buyers regain control and push prices higher. Key support and resistance levels are clearly defined. The rounded bottom has established firm support at 1.1130, while the handle retracement respected the 1.1198 level, reinforcing it as a critical short-term support zone. The neckline of the cup pattern, now serving as a breakout point, is around 1.1204. If bullish momentum continues, the price is likely to test resistance levels at 1.1270 and further extend towards 1.1350. The chart also shows dynamic support and resistance through moving averages or bands, with the recent transition to green indicating strengthening bullish momentum. These indicators are acting as a trailing support zone, adding further confidence to the long position. The long position was initiated at the breakout above the handle consolidation, confirming bullish intent as the price reclaimed the neckline at 1.1204. The stop loss is strategically placed below the handle retracement at approximately 1.1190 to protect against a false breakout or reversal. The initial target is set at 1.1270, aligned with Fibonacci extensions and resistance zones, while an extended target lies near 1.1350, suggesting significant upside potential. Cup-and-handle breakouts typically align with increasing volume during the breakout phase, confirming the strength of the move. Traders are advised to monitor price action closely near key resistance levels to gauge the sustainability of this bullish trend. The setup presents a disciplined and well-calculated bullish breakout strategy. The technical indicators, pattern formation, and risk management align to support a strong upward move, provided market conditions remain favorable. This chart reflects a clear opportunity for traders aiming to capitalize on the continuation of bullish momentum.
Long
by wolfchemist
1
ABT -CUP and HandleA little late posting this idea but I believe I identified a cup - and- handle pattern on the daily chart in ABT. I was able to enter the trade in the pull back of the 'handle' when volume was starting to dry up at $113.25. Prior to the formation of the pattern there was a ~29% run up on the stock. Playing this conservatively I am setting my price targets at 12% ($134.40) and 24% ($148.8) above the high of the pattern. Where I will sell half of my position at the first target and the second half at the second target. Initially my first Stop Loss is set just beneath the 'handle' at $106.99
NYSE:ABTLong
by Notbadchad
ETH | Next Goal $8,000 | iHnS | CUP & HandleHere we're looking at what seems to be a inverted HnS pattern developing inside the Handle portion of the C&H pattern Crazy...right? Usually I like to use these at the bottom of a trend similarly to my KRAKEN:BEAMUSD analysis but in this case price structure is holding up above $2,500 - $3,000 which still makes price action very bullish especially that we haven't really been rejected by resistance as yet Instead what we're experiencing is a large price consolidation swinging in between a 60% range with buyers accumulating at the low end I'm looking to see a price fall of around 8% to complete this falling wedge pattern (RS) then a breakout around mid February sending price back to the top end range of this consolidation Next step in price action we want to whiteness a clean break above $4,800 resistance (100% Fib Ex) to then create a pullback trigger around that area for a Buy-High Sell-High strategy (entry #2) If successful we can see a trajectory just under $8,000 ETH! This TA lines up with my large ABCDE Triangle pattern mentioned in the video with a overall target of $15,000 ETH for the next ALT season.
BITSTAMP:ETHUSDLong
by Nathanl19
GBP/JPY The Cup is Full, and the Handle is ReadyPattern Formation This chart presents a classic cup-and-handle pattern, signaling a bullish continuation setup. The "cup" reflects a rounded bottom, showing gradual recovery from bearish momentum, while the "handle" consolidates before a potential breakout. Key Levels 1. Resistance Turned Support (Neckline) The breakout level at 191.528 marks a critical horizontal resistance, now acting as support post-breakout. 2.Entry Point Entry was triggered above the neckline at 191.528, confirming the breakout with strong bullish momentum. 3. Stop Loss Placed at 189.230, below the handle's low, providing a buffer against invalidation of the setup. 4. Take Profit Positioned at 194.712, based on the measured move projection of the cup-and-handle pattern. Also make sure to close position by taking profit gradually and after first tp you book move SL to entry Risk-to-Reward (R:R) This trade offers a favorable R:R ratio of approximately 1:3, aligning with sound risk management principles. Technical Indicators Trendlines A prior descending trendline was invalidated, strengthening the bullish bias. Momentum The strong upward candles leading to the breakout signal buyer dominance. Trade Psychology The pattern represents market accumulation, as buyers steadily absorbed selling pressure. The breakout indicates renewed interest and potential continuation of the bullish trend. Market Context Given GBP/JPY's strong upward momentum and confirmation of the breakout, this setup aligns with both the technical pattern and prevailing trend. Disclaimer Ensure to monitor price action and adjust the trade plan if market conditions change. Always use proper risk management.
Long
by wolfchemist
1
USDCHF: Bearish Reversal Confirmed?! 🇺🇸🇨🇭 One of the setups that we discussed on a today live stream was on USDCHF. The price violated both a neckline of an inverted cup & handle pattern and a support line of a rising parallel channel on a daily. The broken horizontal support and a trend line compose the expanding supply zone now. With a high probability, the price will drop from that at least to 0.9047 level. ❤️Please, support my work with like, thank you!❤️
Short
by VasilyTrader
1