HCLTECH MAKE CUP & HANDLE pattern buy above channel breakout 798 (fib. retrace. 61.80%) stop loss 774 which is below 50% retrace and 34 EMA 1ST TGT 852, 894 AND 945 LONG TERM CALL
Hi guys,
Hours ago the price reached my target as expected. I had published my idea. There is possible the chart to complete the cup and handle chart pattern. I am waiting to see what happens
Let me take a minute to emphasis the Importance of this Resistance its a BIG one seriously.
This Resistance line which is Being Approached on $NZDCAD has held several times during this year before this encounter.
Also there is a CUP & HANDEL pattern forming which is giving some insane targets of close to 1.0450 so don't get carried away so easily.
I...
Looking a little deeper into $MSFT, a cup has formed on the monthly chart into resistance. Noticeably divergences indicate a possible pullback prior to the advance, which could validate a cup and handle for a new move to ATHs. I like it long overall, but could easily see a pull back
Lools like a pretty nice recovery from their lows...
the big resistence to break is 6.12 with an easy future to 7 the risk is pretty low, if the break is before the formation of the handle, don't worry looks also like a bull flag
cup cup cup
Seems to me like this is a cup and handle breakout .
The rally might finally begin? or we might just get screwed one more time :P
either ways let me know what ya think
This stock has been pounded and has moved well recently but think could move much more with light of recent events, at the end of the day the markets and economy are a mess so gold I think with minors will start moving higher but stop is set for low risk
DO NOT TRADE THIS CHART . It seems like the handle has formed but still trending upwards. I was wanting to get a word of advice from more experienced traders that have seen this formation or trades BTC. Is the formation still valid lets say it broke support and we are likely to see a 16 % decline ? Do share your ideas please , it will greatly enhance my knowledge.
PM bull market is strengthening. Head and shoulders breakout. Cup and handle formation. Short term getting a little too exciting. Probably short to intermediate term pullback.
Bitcoin has formed a large Cup with handle. To complete the shape, it is necessary to reach a level of 464. Level 464 is equal to 50% of the height of the Cup.
