A Cup and Handle pattern is formed after a pullback from a swing high rallies back strongly to the prior swing high and stalls due to overhead resistance. The price action then stalls much like a bull flag with slight downward pressure before breaking out of overhead resistance.
We expect BCH/USD will decline to the red line @ 1100$ then rise again to form the handle @ 1300$
Good luck,,,
Thank you
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Do not read and leave... Like, Comment and Follow ,,,, its' so easy :)
We expect BCH/USD will decline to the red line @ 1100$ then rise again to form the handle @ 1300$
Good luck,,,
Thank you
-----------------------------------------------
Do not read and leave... Like, Comment and Follow ,,,, its' so easy :)
Trade closed: stop reached:
The pattern didn't complete
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*هذة ليست توصية ورجاء مراجعة مدير حسابك والاستعانة بمستشارك المالى في قرارات البيع والشراء
*هذة ليست توصية ورجاء مراجعة مدير حسابك والاستعانة بمستشارك المالى في قرارات البيع والشراء