Get started
DemetrisDemetriou

Cub and handle on EURUSD. Bullish on EURUSD.

Long
Euro / U.S. Dollar (CAPITALCOM:EURUSD)  
DemetrisDemetriou Updated   
CAPITALCOM:EURUSD   Euro / U.S. Dollar
Chart Patterns Cup And Handle EURUSD
6
0
chartpattern cupandhandle eurusd
Cup and Handle is forming on EURUSD. Expect Bullish movement once the handle is complete and price action breaks above neckline.

Buy at 1.058
TP # 1 : 1.062
TP # 2: 1.064

Stop Loss : below the B.O. Line at 1.057.

The pattern is not yet confirmed. We need to see bullish candle above 1.058 to consider it confirmed and also the handle is still forming.

snapshot
Comment:
The handle is already formed and the break out at neck line is done overnight.. Already in profits but looking out to hit the TP # 1
Comment:
Took profit on 1.06130 .. I was moving the stop loss and ended up with profit little bit before the Tp# 1 .. It was a very good trade!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.