An inverse cup and handle is present on the chart which caused an evident drop after the handle formed (in purple), ZM has recently seen some nice returns, this is expected to continue with the purple dotted line as a support.
Hello Friends, Sorry been a long time since my last chart...been busy working for a living :P Anyways, was going to buy some TRX but then noticed this. As you can see on the chart the pattern appears to be bearish and if you look at the weekly RSI and MACD it doesn't look good. If your going to invest in this one be careful and set up your stop loss. I...
Example of an inverse cup and handle I have taken for a quick scalp.
Inverse cup and handle forming on daily chart, and we can see Williams Alligator short signal
I Might be crazy. There is no reason that the MXN should strengthen against the USD. Oil is cheap and the Mexican Bolsa is very low. But it shure looks like it could be. What you guys think?
AAPL bad news sales guidance decrease SL Lower high TP distance from high to trend line sold at the break of trendline
bitcoin has formed double top and inverse cup and handle one push down coming 3100 ish
We have a smooth round top formation with cup rims clearly bouncing off heavily built $6,000 bid walls. An RSI correction to the upside is forming a handle, possibly leading to our third and final bear push into 5 to 6k zone.
I'm out of the market into the safety of fiat USD for now. This is very much a dynamic market and things are changing so dam fast on the charts, I couldn't even keep up with the 1,5 and 15 minute charts early this morning as I prepared this video. Personally for me, I think its too dangerous to play right now and I am now simply observing this ball game from the...
From the hell. It looks extremely bad. I see an inversed cup and Handle. That's mean that it could go very deep. There is an alternative way . more lucrative. I would do so. If it bounce from the dotted line, it will goes higher and following the positive trendline. If it touch the red line there are two possibility . 1) double bottom and go higher 2) come...
bearish inverse cup/handle pattern forming
I tried staying bullish but its correction time. Cups and Handles are what I like to look for as they are very strong patterns imo. How do you think Bitcoin got up this high in the first place? I'm not shorting, just longing alts like EOS and ETH. :( Who knows, maybe it'll double bottom..