On the above 4-day chart price action has corrected 10% from the 4600 summer high to find support on the Golden ratio. A remarkable moment now exists to have long exposure. Why? 1) RSI and price action resistance breakouts. 2) Support on 2022 resistance. What a signal! 3) The Cup and Handle pattern confirmation is textbook. The handle breakout follows strong...
Aegis Logistics , with its robust market presence and expertise in logistics and supply chain solutions, presents an attractive opportunity for swing traders. Reasons are listed below : Cup and Handle Pattern : Aegis Logistics is exhibiting a classic cup and handle pattern, suggesting a potential bullish continuation. Breakout and Retest : After multiple...
Hello traders! 🌟 I hope you're having a fantastic weekend. As we gear up for the trading week, I've spotted an exciting opportunity on GBPJPY that I wanted to share with you. Trading Setup: GBPJPY Cup and Handle Pattern ☕🖐️ The chart reveals a classic Cup and Handle pattern. Key Breakout Level: Keep an eye on the breakout level at 188.661. Cup and Handle...
The gold has formed a pattern through the cup and handle. Therefore, this wave pattern is the target is 3000 ++ ^_^
despite being a very biased analysis, there is a certain foundation above the cup graphic pattern formed, we can also observe that it will first need confirmation of formation and break above to seek the target, if it does not form the graphic pattern, there is a serious risk of falling.
Fundamentals: Buffett check stock ~ Do you like to consume LVMH and/or Sephora? If so, why not own the stock? LVMH owns Sephora so it is a double whammy. This is not a normal super stock that I like to buy. It consists of a different strategy with a bit of a Warren Buffet blend. We are looking at 3-year growth, yearly EPS, sustainability of growth and ROE. ...
Fundamentals: Develops glucose monitoring systems. This stock meets 80% of my parameters. I wouldn't have considered it if the earnings were not above 20%. I do not like the stability of the earnings and I do not like the trajectory of the earnings, though. However, I do like the accelerating sales. Funds and quality funds began to grow into this stock again. I...
Hello traders! Let's revisit the CADJPY chart and provide an update since I shared the idea on August 17. It's time to clarify things. Our focus is on CADJPY, where an interesting Cup and Handle Pattern is taking shape on the daily chart. For a more in-depth understanding of Cup and Handle patterns, you can check out additional resources here:...
Hello Traders! Let's delve into the EURJPY daily chart, where an intriguing opportunity is unfolding. The current setup illustrates a U-shaped pattern, resembling a classic cup and handle formation within an existing uptrend. A distinctive U-shaped pattern, indicative of a cup and handle formation. Noteworthy uptrend in the market, enhancing the validity of the...
Nice looking buy opportunity Look to ride the wave up Cup and Handle Pattern
The cup and handle scenario is working out! Ready?
Let's keep things simple on a daily since the chart patterns seem to make the most sense here. As you can see when Bitcoin formed a double top on the daily it was all downhill from there. Now it is forming a cup and handle pattern on the daily time frame - So it will most likely just be massively up from here. Don't say I didn't warn you that the TA should be kept...
BINANCE:XVGUSDT , 4h On the daily timeframe, price is trading around a previous swing low area which is also above the 200SMA suggesting the long term trend is bullish. On the 4h, two chart patterns are emerging; 1) Descending Triangle & 2) Cup and Handle. It is prudent for traders to wait for break out or break down of the pattern to initiate a trade. For a...
With the Bitcoin halving now complete, I'm now back to looking for buying opportunities. We all know that Solana is a super-solid project despite the hiccups the chain has had over the past few weeks. The BINANCE:SOLUSDT price chart on the weekly timeframe shows that Solana broke above the key flip Zone a little over a month ago. Over the last two weeks, we've...
Logarithm. Completion time 1 week. Instead of updating an old idea regarding the Nasdaq Index and BTS on pump cup formation published on 06/17/2023, I decided to implement the idea on a live chart. Comparative analysis. Fractal. Lag. Bitcoin and Nasdaq 17 06 2023 I have applied the cup percentages as well as the cup with handle if formation occurs (high...
AVAX in a slump here, down 32.6% in the month. Bigger picture up 93.1% in the year, just about 5% today. I see a cup handle forming, just waiting conformation from the last battle. Even though AVAX ain't looking pretty i think its has a solid foundation, strong supports from investors. Just waiting on confirmation.
Here is yet another Bullish Chart of LTC this time i'd like to point focus on a huge Cup with Handle i just discovered while looking on the higher timeframes. We haven't broken out of the handle yet but if we do out next target based off the measured move should take us to $9,493