Strong buy signal! The cup and handle pattern
Classic cup and handle pattern on a chart.
"A profit target is determined by measuring the distance between the bottom of the cup and the pattern’s breakout level, and extending that distance upward from the breakout"
Target: $7 - $7.5
Send it! 🚀
"A profit target is determined by measuring the distance between the bottom of the cup and the pattern’s breakout level, and extending that distance upward from the breakout"
Target: $7 - $7.5
Send it! 🚀
Trade closed: target reached:
bingo
