GBPJPY, BUY

Cup with handle. When price chart makes or made cup with handle, traders often wait totally ending of the handle part in order to open position. For GBPJPY 1W timeframe it's long shot yet open to buy. Cup with handle pattern frequently is opened when price breaks just previous high of handle. Stop loss is set just below handle and take profit is set the same amount from C&H's upper line to bottom line. In the analyze I showed the supposed amount of profit: 3250.0 pips. For further information look around investopedia.com. Good luck everyone in trades.