A cup and handle pattern appears on this chart which suggests an upside breakout will occur in the near future.
Best case: Breakout from here
2nd best case: Handle gets a little bit longer then breaks out
Bad case: Handle gets a lot longer to the point where the cup and handle pattern no longer looks like a cup and handle, suggesting an upside breakout may not take place.
Worst case: Obviously, it can drop from here and be a failed cup and handle. No patterns are guaranteed predictors of the future.
Best case: Breakout from here
2nd best case: Handle gets a little bit longer then breaks out
Bad case: Handle gets a lot longer to the point where the cup and handle pattern no longer looks like a cup and handle, suggesting an upside breakout may not take place.
Worst case: Obviously, it can drop from here and be a failed cup and handle. No patterns are guaranteed predictors of the future.
Ordre annulé
This didnt work out in my favor. Cut losses yesterday and have no position.Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
