Muthootfin
Understanding the Cup and Handle Pattern
Bullish Signal: The cup and handle is a classic bullish continuation pattern, suggesting a potential upward breakout after a period of consolidation.
The "Cup": This part of the pattern resembles a rounded bowl or a "U" shape, indicating a period where the price stabilizes after a decline.
The "Handle": This represents a slight downward drift or a tighter consolidation with lower trading volume on the right-side of the cup.
Bullish Signal: The cup and handle is a classic bullish continuation pattern, suggesting a potential upward breakout after a period of consolidation.
The "Cup": This part of the pattern resembles a rounded bowl or a "U" shape, indicating a period where the price stabilizes after a decline.
The "Handle": This represents a slight downward drift or a tighter consolidation with lower trading volume on the right-side of the cup.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.