Get started

Cup And Handle

Is HOOKUSDT Preparing for a Big Move? Don't Miss This Key MomentYello Paradisers! Have you noticed HOOKUSDT broken out of the resistance trendline recently? This could be the setup we've been waiting for 👀 💎HOOKUSDT has broken out of its resistance trendline, and after a consolidation, it's showing signs of a Cup & Handle pattern, with bullish divergence strengthening the case for a potential upward move. 💎If HOOKUSDT breaks out and closes a candle above the resistance zone, this will validate the pattern, significantly increasing the probability of a bullish reversal from here. 💎However, in case of a retracement, a bounce from the support zone is likely, but to increase our probability, we’d want to see a bullish I-CHoCH (Internal Change of Character). 💎If the price breaks down and closes candle below the support zone, it will invalidate our bullish setup. In that scenario, it’s better to wait for clearer, stronger price action before making any moves. 🎖Patience is key here. Whether we see a breakout or breakdown, it’s important to follow the strategy and wait for high-probability setups. Consistency, not impulse, is how you succeed in this game. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
2
Successful breakout of 5k CupHandle / INHS!We have a successful breakout of the cup and handle / inverse h&s - however you may see it. 5k is the target, the previous bull pennant and larger weekly TF cup and handle has had a breakout too; with higher 6-7k range targets for them as well. These line up with 1.5 fib extensions seeing 7.4k roughly With an entry of 3086, I am moving my SL a little shy of 3350, as the invalidation zone for this pattern sits between here and 3450. Best of luck to all!
Long
by locharado105
Successful breakout of 5k CupHandle / INHS!We have a successful breakout of the cup and handle / inverse h&s - however you may see it. 5k is the target, the previous bull pennant and larger weekly TF cup and handle has had a breakout too; with higher 6-7k range targets for them as well. These line up with 1.5 fib extensions seeing 7.4k roughly With an entry of 3086, I am moving my SL a little shy of 3350, as the invalidation zone for this pattern sits between here and 3450. Best of luck to all!
Long
by locharado105
USD/CAD INSANE 22 Year Cup & Handle about to explode higherWith this week's announcement of 25% duties on MX & CA one would do well to survey the markets for opportunities. What better way to push through a trade of this nature than the FX markets?! The first thing to check in any FX trade is rate differentials: CA 10Y: 3.22% US 10Y: 4.27% MX 10Y: 9.99% The carry trade dictates we want to be long the currency with a higher yield, and our suspicion given tariffs tend to strengthen the country levying tariffs means we want to be long USD. MX offers a much higher yield so that would offset the potential in taking a short position on USD/MXN. CA on the other hand has a modest 1% discount to the US 10Y bond. Moreover, rates in the US look fairly steady, and pressure from the tariffs could cause CA to cut in support of its economy. A technical inspection of USD/CAD shows a staggering 22 year cup and handle formation on the pair. Now could be the right time to accumulate a leveraged FX position, as this trade could have years ahead of it with the advent of a 4 year Trump term.
Long
by quickshiftinn
2
$AKT Cup & HandleSince September 2021, we’ve been witnessing a massive Cup and Handle pattern taking shape, signaling potential bullish momentum ahead. With the Fed’s recent 50bps cut acting as a catalyst for risk-on assets, now is the time to pay attention! As BTC dominance (BTC.D) shows signs of topping, select altcoins with genuine adoption and utility are poised for significant rallies, possibly reaching new all-time highs. Keep your eyes peeled on these emerging stars in the crypto space!
CRYPTO:AKTUSDLong
by httpz
1
Smart Layer Network UpsideWith a decline of about 90% since launch, SLN has an extremely high chance of upside in the current market conditions. The project has a rather active community on discord and X, and is developing a new was to use tokens - Tapps - in an interactive manner on social platforms. They aim it to be a mainstream friendly use of tokens, and seem to have a good roadmap planned, including many partnerships and new listings like Binance. Furthermore, the chart has likely formed a cup and handle pattern seemingly ready for an imminent breakout once volume comes in. Any entry under $0.3 seems good, and upside potential is between $0.8 and $3.00, with an ATH above $6.00. Current MCAP, even fully diluted, seems low for such a project and their community size.
Long
by mxoostr
4
Bitcoin to 125,000After 9 months of downtrend/sideways price action, bitcoin has finally broke out of this trend. If we zoom out to weekly time frame, the 9 months of downtrend/sideways price action, serves as "handle" for "cup and handle" pattern which goes back to Nov 2021. Finally, after 3 years, this pattern is completed and bitcoin is set to get to it's next target which is ~125,000. On it's way up, bitcoin will probably face some resistance at 100K, since people have been waiting for bitcoin to hit this price target from all the way back in 2019-2020. Moreover, 100K is Fibonacci famous 1.6 extension level, so we might see some sell off at this price. However, we believe that FOMO can break this resistance level with ease and bring up the price to 125,000 USD. From this point, we probably see more sharp upward trend toward 155K and 200K but this is the danger zone where we might see sharp pullbacks to 100-125K range.
BITSTAMP:BTCUSDLong
by Mo_reza_kaz
3
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
NSE:MUNJALAULong
by billpramod
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
NSE:PAGEINDLong
by billpramod
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
NSE:VEDLLong
by billpramod
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
NSE:TATASTEELLong
by billpramod
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.
NSE:BSELong
by pas_infinity