The cup and handle pattern predicts a bullish trend, indicating a potential buy opportunity. Look for a U-shaped cup and a shallow handle to identify ideal cup and handle patterns. Confirm the pattern ...
Traders often use the cup and handle pattern in technical analysis to look for possible bullish continuing patterns in the market. This pattern has a cup-shaped shape at the beginning, followed by a ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has a demonstrated ...
Gold is sporting a significant cup and handle pattern. It remains in the handle portion of the pattern. Cup and handle patterns show up quite a bit but especially on smaller time frames. There are not ...
Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South Carolina, where he launched his own financial advisory firm in 2018. Thomas' experience gives him expertise in a ...
Ethereum price has formed a bullish pattern but needs to breach the resistance around $3,326. The CMF indicates that the market is buying the ETH dip and supporting the price forecast. With support at ...
Technical traders make their living on the recognition of specific stock chart patterns. The more prominent and pronounced the pattern, the easier it is to recognize during formation. Few are as ...
A chart pattern manifests when the price of an asset moves in a direction similar to a common shape, such as a triangle, rectangle, head and shoulder, or, in this case, a cup and handle. These ...